(1) the civil war of libya is just about done, but now may be followed by an invasion, and i pray for the french and the libyan nations.
united nations' interventionists voted, and libya is tee-ed up, requiring paper money.
(2) the saudi crisis was never a crisis, for the kingdom shall be backed by the empire in their efforts to subjugate the already oppressed people of bahrain. once the suppression wet work is done, paper money would be required to delay the same in saudi arabia itself. (3) the japan nuclear crisis may simply be over and we have transitioned smoothly to QE2.5, and given the naturally expected offset by the empire, QE3 might as well be in the bag already.
g7 central bankers voted, and japan yen is tee-ed up, requiring paper money. (4) in the same mean nasty time, as noted yesterday, we may well be on the cusp of the greatest and most substantive infrastructure boom the world has ever seen, with all continents to participate to more than their fair share, and after thinking out loud such, and i am so far happy with having added more excess paper platinum and upped more surplus paper gold allocation.
Message 27240142 Message 27233988
i also note that fcx is rising from the floor rather robustly. copper shall be needed. i failed to short puts on ewj japan etf and failed to buy puts on the s&p; the prices just moved away from my comfort zones. all cloud-atm trades are righting themselves, once again generating positive energy from the wave-like actions of the the market place, now that the tsunami seems to be over.
the hotsie totsie aussie trades have also righted themselves, once again in the green, net f^%$@#W%2ing net.
while it is not clear to me that the testing by s&p is over (it may well crash before the designated time of after-may), but it is also not clear to me that gold test would get any worse at this juncture (after-may may be another story), just as hk real estate once cratered on sars (2003) but hardly wobbled on lehman implosion (2008).
but then there is no reason why we should be faithful to the s&p, for it is faithless and impure, whereas there are many reasons we must remain faithful to gold, the elemental, the pure, and the good, if for nothing than because it is a safe haven without a keeper that is sucking out the oxygen from within, and flooding it at the same time.
let us pray, and then continue the test. amen. |