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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 366.54+1.2%4:00 PM EST
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To: pezz who wrote (24904)11/12/2007 4:24:29 PM
From: TobagoJack  Read Replies (1) of 217544
 
Hello Pezz, Today's Report (@5:15am HK time):

Ugly start to an otherwise probably sunny day, at least in precious metal corner of the greater financial asset arena.

These days I really only check on three items whenever I do check, the Yen, Gold, and Energy. I treat the rest of the space as if they do not matter, because they don't.

3-9% decline across the bloodied space.

And for what?

Empire won the war against nobody in the middle of nowhere?

Charlatan Ben Helicopter BurnAndKaput Bernanke announced that hence forth he will stop the secret weapon that is the printing press?

India no longer needs to improve the life style of its electorates?

China is sated on 600 years of pent-up demand for infrastructure and everything else?

Somebody found another antidote for the portfolio against the inflation that is already baked into the toxic monetary cake?

No, in all cases.

So I added to existing positions,

(i) Yamana finance.yahoo.com @ 12.62
(ii) Golden Star finance.yahoo.com @ 3.14
(iii) NovaGold finance.yahoo.com @ 18.90

... all within the last 15 minutes of market close, because I needed to accumulate to full position before the greater schema of hyper inflation becomes clear to the general population, pressing them into doing the next foolish thing, namely buy my accumulations at much higher ask, and sel tome what they have at death-level discount.

I will head for the airport in 10 minutes, and be back tomorrow in the AM.

Chugs, TJ
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