hello pezz, today's report:
just out of send-tray -
i have commited a scripture sin. i off-loaded 90% of certificate gold (edit: purchased at this juncture Message 25505864 @ hk$ 8,632/tael w/ tael = 1.2 oz) to recognize and secure a well deserved and average 22% ytd gain, to lower my aggegate physical gold's cost basis by 365/oz (now cost basis, after netting, is about 400, or below extraction cost), even as i was just as prepared to use leverage and quintuple same certificate gold and different paper platinum as well as formless silver holdings just a few hours ago. i do not know what i am doing, and i do not wish to know what i have or will do, for i just want to survive and speculate another day.
forgive me, fellow travellers, for now all my gdx are covered with calls, just about all paper gold are gone, and i cower on my physical pile, much like that lawyer character in jurassic park, attempting to avoid a dino sashimi fate by sitting on toilet in grass hut.
i can now much sleep easier, and hope to re-engage with paper gold at a more opportune moment - again, to partake in the goodness of the market arena.
cheers, tj |
