hello dak, greetings to you for the presumably auspicious white metal tiger (per tradition, must think silver, but knowing that platinum/palladium were not discovered until after lunar calendar schema was put together, can dwell on pt/pd) gotohoroscope.com lunar new year 4708 (i.e. 4708 - 2010 = 2698 years being the official difference between civilizations and pop cultures :0)
given that civilizations are necessarily infused with superstition, i think it best that we embrace all three white metals, just in case the ancients got it wrong. we must second and third guess all superstitions.
at the moment i am not exactly positioned for a metal melt given my stance Message 26266982
<<Cash 6.6% (cad @ 6.0%, hkd/usd 0%, chf/rmb @ 0.6%)
Pt/Au 39% (43% physical w/ 49:51 split on pt/au, with inconsequential ag in all forms)
Bonds 2.1%
Rentals 39.1%
Equity 13.2% (3.6% energy, 4.5% au, plus whatever, inclusive of short covered calls on gdx)
And have ready 1:1 financing to establish leveraged positions in pt/au/equities, or deploy to rentals should values crumble.>>
iow, i am prepared to buy au/ag/pt/pd metals and au/ag metals mining should we be gifted with what i would consider a gift of metal melt (or metal shares melt in the absence of metal melt)
i reckon that, should au/ag/pt/pd metals melt due ostensibly to monetary issues per 'tough' fed, the metals would be making a false step, and in that event, hk real estate, along with global everything else except cash, would be served up sashimi style, belonging to those who dare. i am prepared to be daring.
nothing in our script of collapse has been fundamentally changed, only made worse, more tragic, and much more consequential.
so, in so far as i am concerned, tossing bernanke and keeping bernanke makes no particular difference to inevitable outcome, only changes the path of inexorable travel.
cheers tj |
