hello pezz, today's report:
3:40pm-ish; been up and working since 4:30am, my usual waking hour, after nodding off @ 9:30-10:00pm each night. no complaint, for we must work when we can.
was able to and did exchange a lot of paper claim on hk monetary exchange for much physical panda gold bullion @ hk$ 6610/oz, a price about the same as my start of year exchange for 2008 mineralization quota - the us$ 32/oz premium is say 2x the usual, and this is of course accounted for by the volatility of gold per black & scholes option pricing reckoning.
in any case, i am happy, having mineralized another year's (2009) quota of mineralization of excess savings and metalization of surplus capital, thus saving same from officialdom depravity and ruling wastrelism; iow, what is mine is now indisputably mine, chilling in vaulted and air-conditioned comfort, hopefully forever waiting for the call of duty that never calls.
the monetary value of the new add will be kept off of balance sheet, on a/c for the coconut, per my central banking rules, so that i would not feel hesitation when shifting control of this particular tranche of goodness to the coconut, assuming she will be worthy and pass the test i have yet to devise.
i trust off-balance sheet asset as much as i fear off-balance sheet liabilities.
chugs, tj |