Dear Sir,
You seem to be losing so much money on your trades, I suspect you are actually TJ's 'devil shadow' replying to himself. I mean, how can you keep teasing TJ about your miserable losses, and when gold is on an absolute tear and the USD is plummeting, how can you joke about buying gold.
I feel TJ is now close to the biggest goldmine, i.e Chinese stocks, so many hundreds of them, that he (and all of us) should start serious mining of these stocks. About hundred names come to mind, from property, banks, insurance, railways, rail equipment manufacturers, automotive part manufacturing, shoes/luxury good manufacturing, retail stores, telco euipment manufacturers, airlines, restaurant chains, copper/gold/rare earth miners, shipping companies, internet/ecommerce, pharma, medical equipment, white good manufacturers, etc etc and they are ALL very cheaply priced. So why not sell gold, at least in part, and own these companies instead. This would really be betting on the future.
Further south, Vietnam, there are some 20 companies that are well worth investing too, an even better bargain of our lives.
Good luck....grateful for TJ's feedback. |