hi ac, i agree with your train of thought
but i must wait
because i want to sidestep what i must try to sidestep
i am cognizant that it is less costly for me to try to sidestep because i do not have a cap gain tax to deal with
had i had to deal with a cap gain tax, i would behave quite differently i am sure
i am not sure what signal i am looking for
i can say "i will know it when i see it"
but, to be straightforward, i am merely hoping platinum to simply trade naturally to its range-low, say 1710 or, wonderfully 1650, or, should we be blessed, 1550. nothing scientic, just chart read at the simplest level, kindergarten.
on silver, i am quite laden with the stuff via paas long. i have closed my shorted put positions. i am hedged with covered calls shorted. silver should take a breather. but it may take a breather at 50 instead of at 40. who can know.
on gold ... i pause ... i do not know ... but if central banks folks in europe and america keeps talking tough and very tough, there may, even if just for a moment, be a serious enough moment of pause
because i am ready to buy buy buy at the hair trigger, and would be unlike the usual doubting-thomas, i should be able to capitalize on such a pausing moment of 24 hours, and to load up by physical, paper, shares, and puts/calls.
it is a hope backed by enough of a fear |
