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

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To: carranza2 who wrote (56100)10/9/2009 5:38:12 AM
From: TobagoJack  Read Replies (1) of 217564
 
Hello c2, just landed in hk from beijing, after 2 nights of discussion to charge against the windmill. These episodes go better for folks with copious depth of sense of humor. I figure I am one.
I am looking forward to "art jamming" tomorrow (sarurday) night - painting on canvass with a bunch of unmarried women sauced of champagne n wine. My wife groped me in, and she can only stay for 1 out of 4 hours. I intend to challenge a big piece of canvass.
On paper gold, I am not biased against it, at least not yet, not now, not until the end-game starts.
I have always traded paper gold, given its liquidity and my greed for gaming, to lower the cost basis of my physical.
We must be near a point where we all would be tempted to trade, even if just a little.
Trouble w/ paper gold is that it is too easy to buy n sell, first a little then a lot, after that, a worrying allocation of our nav.
I am worried, a little, and at 1.2K, a lot, then 1.25K, frightened, n 1.3K, petrified. We simply do not deserve 1.2k yet, imo.
When gold was at 700, I figured we would see 1k before we see 500.
Now, with gold at 1.05K, I fear we could see 500 before we see 2K, even though, as far as I am hopeful, 5k is for sure w/i 14 years, more likely 10, or even 7.
I have no plans to ever sell my physical metals. That zero-state reset option is best left for the next generation.
Of my metals, I am now about 25% physical pt, 25% physical au, 50% paper au. On top of that construction, I have addiitional 33% in gdx and paas.
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