hello pezz, today's report:
(i) following this Message 25254745 gambit, i reviewed my cash disposition and executed enough certificate gold transactions to bring my physical & certificate pm tranche strength from 19.35% to an all-time high of 26.11% - a very extremely large move per my reckoning; because
(ii) i fear the worst of the most outrageous at the least convenient time happening to the vast thundering herd of the majority too soon for my comfort, and so i decided to panic and panic first while the panicking can be done the very least unseemly way; and
(iii) i bailed out another pal - i exchanged his interest in the phoenix real estate club for my precious cash, at his cost, as a favor to him and to myself, hopefully.
btw, the yelling out there everywhere is getting very loud. i expect the sound of dead silence to reign and reign supreme at some juncture in late 2009 or early 2010, for about 12-18 months, followed by weak grumblings until say 2012-2014, punctuacted by false hope laughter in 2014-2015, and then end, suddenly, hammered down by 'freddie is back' demographic sell-down and true dollar crisis.
cheers, tj
p.s. i am now at ...
cash 22.40% (8.4% cad, 1.5% chf, 6.1% hkd, 0.4% sgd, 0.1% rmb, 5.7% usd)
physical & certificate pm 26.11%
re 32.78%
equities
- gold/silver mines 6.80%
- others 11.91% (energies, solar, tbt)
and i have ordered the mobilization of reinforcements for the gdx and tbt legions on limit buy basis tonight.
warning: family and i will do involved island vacation starting december 18th and ending 25th, before the holidays break gets underway, meaning the market, per my vacation tradition, can go very nasty during that time. |
