Hello Pezz, Last Night's Report:
Converted JYen to Euro, in response to the reactivation of the Yen carry trade by the boyz. They are insane, but I am not one to stand in front of them.
OTOH, it is good that the Japanese have collectively decided to bleed themselves once more for the betterment of others. We must not let them down :0)
As to <<about that timing.....>>
Yes, 13% gain in just so many hours finance.yahoo.com ...
Message 22763779 renews my faith that there is soemone up there looking out for me :0)
<<...You still gonna wait for 23?>>
... that target is no big deal, for it just represents a return of the beast to its November 2005 ask, which was too high in all cases.
So, for sure waiting for 23, in my longterm sell and stay short (LSSS) program on USA lifestyle.
Other folks have jumped on the Japan carry trade again, which I think is either (i) dangerous, if it does not work out, and/or (ii) good news for gold, if they get away with it.
In response, I did this Message 22763828 , and at least so far, the timing is also pretty good, or good enough.
I simply decided to get into a USA carry trade, whereby one sells USA and do nothing else, or buy gold, until something, anything, happens that remotely resemble sanity at work.
BTW, panic is sane and fear is rational.
I am also shopping for lenders to enhance my LSSS program.
I am figuring on GUDDEED (gold up, dollar down, everything else down), but am cognizant of the possibilities for GDDDEED.
I am not fearful of oil going to 100, and in fact welcomes oil going to 200.
On fiat currency disposition, I continue to favor CAD over all others, because should USA decides to save itself and fight inflation, Canada will fight right along side; and should USA choose to destroy USD, Canada is not populated enough (relative to its goodies) to pulverize its CAD.
Chugs, J |
