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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 387.24-0.6%Dec 2 4:00 PM EST

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To: TobagoJack who wrote (40384)9/25/2008 4:06:09 PM
From: pogohere  Read Replies (1) of 218156
 
There are going to be some melt ups, but playing that is a high wire act. Because of the unprecedented nature of the turmoil, some gamers and traders will do very well. I am not able to anticipate the twists and turns and so I'm sticking with gold, silver, energy and a few March index puts.

I believe all currencies will decline against gold--it's the season for that--and energy production, such as at Cantarell are declining while domestic use in producer countries is rising for transport and e.g., desalinization projects. Added North Sea oil projects such as SE.V, IAE.V, END as well as PFE.v (Cal + Alaska). I'm pretty heavily into silver, physical as well as equities. Bought some BCM recently.

Cheers
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