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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: pezz who wrote (44950)1/8/2009 4:13:55 AM
From: TobagoJack   of 217580
 
hello pezz, today's report:

(i) worked on a new geewhizbangohwhoawee schema for orthodontics sector of the dental field

(ii) reflected on the convolution that ought to be 2009 and the dangers that await all of us

(iii) got notified on this platinum trade Message 25288029 and confirmed platinum goodness at (spot price december 30/31) usd 919/oz plus allocated (i shared the cost of shipping with friend who ordered same number of bars, but a salad of platinum and gold) physical shipping cost of 4.25/oz

this trade is at considerable premium to earlier trade at 790 + 14/oz shipping.

but, platinum is now at usd 985/oz spot, awaiting either stockpiling by sovereign funds out of ideas for paper money allocation in a dire deflationary death spiral of the real economy where all assets revert to intrinsic value, or inflationary economic recovery based fiat money inflation.

mean time, i am reminded that we must not think of platinum as a mere precious metal, but, and get it right hence forth, a precious strategic metal :0)

mineweb.net
<<Platinum or gold - which will be the better performer in 2009?

The platinum's price's brief dip to a discount to gold between the 12th and 17th December, for the first time since December 1996, did not last long and a premium has rapidly been re-established, reaching $130 just three weeks later. This is small beer by comparison with the $1,288 chasm that was reached on 3rd March 2008. Is there further to go or will gold keep tabs on its white competitor?>>


cheers, tj
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