(i) in my calibrated way i had bought paper platinum yesterday at usd 1,739 (hkd 13,500) per troy oz
i was delinquent by 24-48 hours and those hours costed me an extra 60/troy
am expecting street troubles in greece and britain, and everywhere jasmine to infect south africa, and am watching zimbabwe moving to pass what might belong to impala to the incoming sovereign middle kingdom.
when so, platinum, effectively all 20-cube feet of it in the known galaxy for its billions of souls, shall surely ramp to catch up to silver, gold, copper, oil, and gad, maybe even coffee.
from here on out, platinum is a buy-the-dip so as to secure an unfair share.
either above or just scalp another 3% and call it a campaign. who can know.
(ii) am grand-cycle macro bearish: there are no jobs, no enthusiasm, no hope, no prayer, and no ways
am highly convicted that fiat money inflation shall continue, at ever accelerated and larger wallops
(iii) as we get into the 2012 once-every-4-years usa election cycle, the same 2012 once-every-8-12-years china leadership handover and the once every 200-years displacement of one empire by another kingdom, the planets are truly coming into alignment, to fiat money ramp as we had never ramped before
(iv) the fortuitous usa debt-ceiling scare and even better, a few seconds of people believing or even best of all, actual default-now, when any and all is concatenated with china money tightening factual fiction, may provide us with a once in a life-time bet opportunity on silver, gold, and anything that might hold value against the wastrelism of democracies and depravity of dictatorships.
am looking to add paas, gdx, remx, fcx, nly, by cloud-atm extraction and by cyber mining.
some kind of wonderful. |