hello 2mar$, follow-up report:
After i noted Message 27984523 earlier re sale of 1/3 position in paper pt, I sold more after a good lunch.
I off-loaded all except a bit of my high water marking of paper platinum, and all except a sliver of h.w. paper silver; i did so because I do not know where items are headed in the near term, but should the essential metals wobble upward, I sell, and should they crater, I buy. For the strategic and self-sustaining program, I need inventory and I need capacity.
have increasing cash from negative some number to positive some other number, a swing of around 20%, at aggregate usd profit, and am ready to re-engage as n when.
Fuzzy on allocation until have chance to update Quicken. Essentially flying blind except knowing i am way high gold, and essentially gold denominated.
I have not sold any paper gold. As of now, would be seller should gold ramp, and buyer should gold tank. Essentially agnostic except for deep faith that the gold bull hasn't even gotten started but eventually shall, and in the mean time is forgiving of all sins (off-loading) and tolerant of all mistakes (not off-loading, untimely adding).
i believe in the data n research that says market timing may not be becoming of astute agility, but occasionally cannot help pathological risk on / off and sometimes get confused on what constitutes risk, what is on and where is off.
i vaccinate against my pathological condition via engagement w/ physical labour. I followed on last week's simultaneous large buy of physical, i initiated program yesterday to acquire industrial grade 9995 pt, because my blending of the essential metals is out of balance due to absence of supplies of monetary pt.
On another front, as n when, am ready to dramatically cloud-atm extract (looking for weakness to sell more puts) from slw. High energy price is extremely negative for mining, and negative for mining is good for mining royalty deal-making.
The sell down of paper ag and pt metals is motivated by enthusiasm for realizing leverage-enhanced profit and effort to gather ammunition for post-March world.
Re iran, the shock hit to global economy from reflexive ramp high oil should be substantial and even w/o war, the creeping 'energy tax' shall prove material; but the shock hit to asset prices may well be very extremely temporary as the central banks are simply looking for a opportunities to inflate. The release of strategic petro reserve would be a must. Should Venezuela wobble, even release of spr would not do, as that nation does directly supply team USA.
have place finance.yahoo.com on watch and brief to try to detect hints of impending war(s).
Recommendation: getgold, then getmoregold, and afterwards, getstillmoregold.
p.s. could not convince any ladies to pose as i would likely wish, so i only attach the latest desktop screen (good as tool for educating the young, old and otherwise uninitiated folks), and no, am not gold bug, but an equal opportunity hoarder
and yes, the 50th anniversary mini cooper is plated w/ you suspect what
note the selection of paper claims (royalty program from spiffy resort, zimbabwe faith, german promise, and hong kong shredded hopes)
somewhere you can find the 'liberty', 'tout ou rien' and 'tu ne cede malis' (do no evil)
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