I hope to be once again high paper gold and paper platinum before 90 days are out.
Sell case is here, what i thought and still believe Message 27291014
re
<<a) Mr. Bernanke will soon be outvoted at the Fed, and interest rates will rise very soon, and rapidly up>>
... money PROBABLY will tighten, rates MAY rise, and if so would CERTAINLY fall - first all wagers and then the rate, but rates shall certainly remain negative. If i thought otherwise i would have dumped all gold. I believe we are in a 7-15 years game with gold.
<<b) The gridlock we've seen in Washington is going to be resolved very soon, possibly within a few hours, at least for the 2011/2 budget, with massive cuts which is of course, quite deflationary for the markets, possibly worldwide;>>
... the washington news would likely be sold, as would the brussels news
<<c) you are "hearing" (but not telling us yet) of an impending crack in the China economy, either in terms of social problems and/or slowing economy, or some other risk;>>
... believe monetary easing would happen w/i the 6 months, and be effective as always.
<<d) you are perhaps seeing other investment alternatives, either in the Americas or perhaps even in Asia>>
... yes, physical gold and platinum, to be bought with paper profit <vgb>.
<<e) I corresponded with some old Japanese friends in Kyoto, and while they are safe, it made me think how vulnerable human life (and wealthy possessions) really is. Perhaps you had some effect like this as well (tho I doubt it)?>>
... always cognizant but no, no drama on this end, knock wood.
... some calls for cash for ventures, undertakings, and whatever prospective biz, while material but not emergencies. do not like emergencies ;0/
<<e) I know this is the time of the year when one pays respects to elders in your part of the world, which usually forces one to think of one's own life, so perhaps you're reflecting on giving some of the gifts showered on you to charity as well.>>
… am paying (because I shall take over the garden level as own for much enhanced home office) for almost-completed total gutting-renovation of in-law’s place across our street, including expanding the kitchen, relocating the maid’s room, re-do of glass / skylight sun-room, garden and fruit trees and water feature and Indonesian gazebo and latest Japanese electronic toilet bowls and apple everything and geewhizbangohwhoawee everthing else, all secured by german windows and and and and, and oh, ^&%$3 and
… starting w/i days the complete gutting-renovation of our own place and budget includes paying outrageous rent to some evil landlord of serviced apartment or some such – paying rent is psychologically damaging to me … much like mock execution
… to celebrate my mom’s 80th and my mom-in-law’s 70th birthdays this year, wife had made arrangement to rent humble-ly small abode at Isle sur la Sorgue provenceweb.fr of Provence in faraway and neo-imperial France for 3 summer weeks described as ”property on 4 hectares of beautiful countryside … 2 houses … summer kitchen …” and for whatever reason airplane travel to / fro for the army is also on me.
... oh, and something about a cash call by ophanage group in thailand by by scottish mentor. i intend to send erita and jack to the facility to work over the summer, starting when they reach 7.
Re On MS and WB, they both are wastrels and shall be viewed as such when all said and done, before the final end.
Reiterate: I hope to be once again high paper gold and paper platinum before 90 days are out. Fundamentally a speculative trade ... in the out direction, much as american general fought in the 'other' direction when surrounded and cut off ;0)
cheers, tj |
