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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 366.09-0.1%4:00 PM EST

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To: pezz who wrote (64893)8/4/2010 5:51:50 AM
From: TobagoJack1 Recommendation  Read Replies (1) of 217549
 
hello pezz, today's report:

(i) spent some time setting up my apple mac book pro to operate in both mac os and windows, be in sync with my desktop big rig as well as my iphone and blackberry, and migrate files and such, all occupied about 2-3 hours, including downloading program updates and transferring several 10s of gigabytes photos and music

(ii) went to lamma island with family to lunch on steamed reef fish, napped on boat, and swam until once again alert

(iii) watched gold and platinum executing the marching orders to go up, and gave thanks that i loaded up Message 26720305 just so many hours ago

while the % gain has so far been relatively modest, but the absolute loot is so far worthwhile and of merit

I trade in words and such, but am drawn to owning noble physical gold, claiming strategic platinum, and watching silver and palladium.

I like gold, because it is a purist macro play without any truly discernible fundamentals, stuff all supply vs demand dynamics as gold is intrinsically not at all useful except as a relatively esoteric wagering chip, embodies all knowns and encompasses all unknowns, and

... even better, to trade it, I can just focus trading it against my own emotions - i.e. when want to buy, must instead sell; and when frightened to run, must instead embrace.

Platinum is polluted by genuine supply and confused by true demand, at some juncture the market could be the first to be shut down, besides, hardly anyone even knows that there is such a metal.

But, yes, both gold and platinum have much merit going forward, hedging against each other and both hedge against everything else. Magic together.

cheers, tj
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