Just cleared from e-mail tray,
On 28 Aug, 2011, at 9:17 J wrote:
Gold was
o Periodic Table element @ $ 250
o Dirt @ $ 300
o Cheap jewelry @ $ 400
o Curiosity @ $ 500
o Bargain @ $ 600
o Exposure @ $ 700
o Inexpensive @ $ 800
o Allocation @ $ 900
o Cocktail conversation @ $ 1,000
o Expensive jewelry @ $ 1,250
o Asset Class @ $ 1,500
o Dinner conversation @ $ 1,750
Gold shall be
o Drinking fountain conversation @ $ 1,950
o Necessity @ $ 2,000
o Precious metal @ $ 2,500
o Life saver @ $ 2,750
o Speculation @ $ 3,000
o horror nightmare @ $ x,xxx that is 1/2 of immediately preceding high watermark at somewhere between $ 1,830 and $ 10,000, before marching onward n upward, rewarding only the faithful, slow, meek, and the dead (via trusts to legacies).
o Money @ $ 4,000
o Financial reset #1 @ $ 6,000
o Sell @ $ 7,000
o Topped out @ $ 8,000
o Long term investment @ $ 9,000
o Ruination @ $ 10,000
o Financial reset #2 @ $ 10,000
Gold might be
o surprise to all but the very few disciples @ rmb 1,000,000 cad 100,000 and usd infinity.
Or gold could be usd 3,000 and a cup of coffee reverts to usd 0.10 per cup.
Sent from my iPad
On 27 Aug, 2011, at 11:14 AM, D wrote:
Jay, I think we are about half way in your brilliant prediction (time-wise, not price-wise). Do you feel like making some changes to it?
Message 21941081
On 8/26/2011 5:21 AM, J wrote:
I believe REMX offers an unusual opportunity for cyber miners and cloud-atm robbers, as both the Chinese and American governments intends to make rare earth expensive and stay expensive.
I am building my REMX position for LTBH , and my current cost basis is 19.24 and the market price is 19.99 (more or less the original offer price); so i am good with REMX.
I generally get into my full-on position in three tranches. We must help the authorities in their tireless effort to keep rare earth dear.
REMX tranche #1 (effective cost basis is 25.1 - (1.75+2.25) + 2.795) - 1.10 = 22.795
2011 02 06
Message 27171458
BOUGHT REMX at USD 25.10
SOLD Put REMX, May 2011, strike 24 at USD 1.75
SOLD Call REMX, May 2011, strike 25 at USD 2.25
2011 03 25
Message 27263207
Bought to close REMX May calls (strike 25) and puts (strike 24) at a combined price of USD 2.7955.
The long REMX equity trade is still in place, as working inventory for the next REMX cloud atm extraction via option trades.
2011 04 01
Message 27279120
sold __ calls REMX May 27 at USD 1.10
REMX tranche #2 (effective cost basis is 19.83 – (1.90+2.24) = 15.69
2011 08 23
Message 27587904
- buy ____ REMX at USD 19.83
- sell __ Put REMX 02.2012, strike 19 at USD 1.90
- sell __ covered Call REMX 02.2012, strike 20 at USD 2.24
?? A
????? 2011?08?26? (??) 6:03 PM
??? RE: ??? Comments - Week of August 22 - dangerous choreography
Jay, are you still holding REMX?
Chasing Rare Earths, Foreign Companies Expand in China |
