hello pezz, today's report:
(i) this trade Message 26721178 that shorted gdx put ended well, meaning i deservingly get to keep premium moolah and am freed of obligation to do anything. i like the "cloud atm"
(ii) this trade Message 26819990 that went long gdx gold miners, short gdx puts and gdx calls, is looking good, as gdx stays more or less steady, and the options waste away. "cloud atm" is nice.
(iii) this trade Message 26833623 that went long slv silver and paas pan american silver, and short their puts and calls, is trending right, as the wager stays in straddle and options waste away. clear skies for "cloud atm".
(iv) these observations Message 26841911 re team usa is still playing out
(v) these observations re japan
Message 26843903
Message 26843795
Message 26842339
Message 26841327
Message 26833248
Message 26831211
Message 26821639
Message 26811792
Message 26811743
Message 26786479
Message 26757037
are playing out, and in the mean time, japan blinked news.yahoo.com
... which may well mean japan will keep blinking, as in taking in beijing help in the form of jgb purchases, and in turn buying usa t-bills, to allow beijing to lighten its load of wasting paper, and to keep usd well supported until beijing clears the field.
now we must watch whether team usa also blinks, bravely, post mid-term election, and keeps taking back its paper and let out its industry and interest payments, and load up its people with debt-ly debt gone hyperbolic at low interest rate, also bravely.
my guess is yes, and that is why above trades should work out, and their successor trades should also work out; meaning the money shall keep going round and round for awhile longer.
besides the absence of genuine trade war, and continuation of what i believe to be agreement by all governments to engage in sequential devaluation, we must watch what happens with qe2, qe3, qe4 ...
a rise in interest rate must be avoided, and so the fed must eventually buy t-bills as a matter of course, along with the japanese. it is just math.
i figure that all qe2 ... qex shall happen in due time.
so, yes, <<More Gold an more silver ,huh? well ask me if I'm surprised....Go ahead ask me>>
we must not fight the fed.
(vi) i recommend this youtube.com
i note that should my above described scenario plays out, stocks should do well in the coming 12 months.
however, should the scenario not play out, a halving shall probably happen to stocks.
cheers, tj |
