Hello Pezz, Today’s Report:
I snuck out of bed at 3:00am this morning, tiptoed to the kitchen and grabbed a trade deficit balancing Starbucks Frappucino ice coffee, and then ensconced myself in my play room.
I quickly went through the usual system initiation routine comprised of turning on lights, Bloomberg TV with sound muted, liquid-cooled PC, phone system and off with the Frappucino bottle cap, and gazed into the soul of the market arena in your time zone, and saw nothing but a wish by the investoriates to commit financial suicide and monetary hari kari.
I decided to steal a march on the masses and did so:
(1) Bought a lot of gas finance.yahoo.com at 39.16 – 39.20, to go with my earlier purchases Message 24181399 of sugar and cotton, in effort to secure some basic necessities for my family so that we can navigate the eventual dark interregnum with a few less worries.
I noted that China has instituted never-to-work price controls on certain basic necessities, signaling a soon-to-be breakdown in supply-demand equation across the planet that can only be reset when prices go higher, much higher.
I also note that Men’s Warehouse in your part seems to have sold fewer threads, according to the screen on the wall, and I figure it cannot be a good sign when Joe6Pack cannot afford as many cheap threads made by Wang3Cups as before.
(2) Added some Vermilion finance.yahoo.com at CAD 35.12 to make my holdings in same a nice round number, for decoration, and for sense of movement, to stay in practice. Oh, yes, and for their gas and oil and distributions as well.
I note that events in the Middle East is not exactly going well for the Empire and so perhaps secure carbon energy supply is worth something more than … Google, RIM, Apple, and such. We will see if the poorly trained and basically unlearned presidential candidates can make sense of the enveloping situation and extract anything remotely positive out of the expensive experience.
(3) Added some Cresud finance.yahoo.com at 18.29, again to round up a number that is displayed each and every time I open my MS Money program, and for its productive farm land.
(4) Shorted a bunch of GDX March Put strike 50 finance.yahoo.com at 3.10, because the investoriates north of me seem to have their long suppressed and so dormant but apparently still robust Gold Gene switched on BUYGOLD mode, having evidently bid gold up by news.xinhuanet.com healthy premium to indicated global price. I am guessing that when China turns to a buyer of gold, as it did some time ago of pork, coal, beans, etc, China price becomes the global price. Similarly, when China starts selling/exporting something, as it did some time ago of cotton, DVD players and such, prices collapse, and the China price also becomes the global price.
Recommendation: BUYGOLD
(5) I am making plans to renovate the little building we bought last April that is positioned a few doors down from the Hong Kong Gold and Silver Exchange, inside and out, to help the gentrification of the area along. We will be chucking out the tenants of the two upstairs apartments that now seems to house one-woman brothels (legal in HK) so as to clear the space for maybe (dare I dream it) some mainland Big Gold Swinging Dick who wishes to have an office and apartment near the only Exchange that might matter over the next few years. Other upstairs tenants will be chucked out as well to make way for higher rental revenue payers befitting a gentrifying area. The little restaurant on street level will remain as is, as we had severely jacked up the rent to extract the goodness from that operation, and to leave it to serve the clients and johns visiting the building and wandering around the area.
And now, I retire again to the quiet of bedroom, to catch a few Zzzzzs, before going to a breakfast meeting where some of us will plot some schema that may be advantageous to somebody.
Chugs, TJ |
