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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 366.54+1.2%Nov 5 4:00 PM EST
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To: pezz who wrote (24219)10/21/2007 11:37:57 PM
From: TobagoJack  Read Replies (4) of 217545
 
Hello Pezz, Today's Report:

Very busy, will get to the rest of thread posters when not so.

In the mean time, emergency -

I figured I should make some fast get-away moves before it dawns on your shore that perhaps margin notifications should be sent to clients deserving and undeserving alike, and so, in following up to earlier Message 23977341 50% paper gold sales and conversion to Yen, I just sold the other 50% of paper gold at HKD 6,988 per tael and so completed by 40% retreat from gold positions, now holding only physical bullion and a small grab bag of gold shares.

I did not convert the proceeds to Yen, or at least not yet, because the moolah liberated will recapture the paper gold positions as soon as gold drops say 10% from current levels.

Now let us hope for a round of YUGDDD (Yen Up, gold down, dollar down).

Chugs, TJ
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