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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 427.64-3.9%Feb 2 4:00 PM EST

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To: pezz who wrote (14415)2/13/2007 4:11:42 AM
From: TobagoJack  Read Replies (2) of 219968
 
Hello Pezz, Today's Report:

I got confirmation that my oil finance.yahoo.com was sold at USD 48.6, allowing me to claim well deserved gain of Message 23198311 13%.

I also turned the above mentioned 13% gain into a fistful of American Gold Eagle 1 ounce coins @ USD 665/coin, because ...

(i) I wish to do my best to help USA balance its trade account with Asia,

(ii) The more valuable 2007 Chinese Gold Pandas are no longer in stock anywhere in Hong Kong (not until after Chinese New Years),

(iii) The Gold Eagles come in the cute cylindrical plastic can that feels good when held in hand, and

(iv) The Eagles are cheaper, given the miniscule premium.

I like the above trade, which generates solid physical wealth from trading flimsy paper oil, and so enables me to truly hang on to the well deserved gains.

The methodology seems to be like a neat machine, generating permanent and solid goodness out of the temporary frictional energy that results from transparent geopolitical volatility and obvious media nonsense (oil will be forever cheap again).

Chugs, J
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