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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 366.09-0.1%Nov 6 4:00 PM EST

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To: carranza2 who wrote (91819)6/23/2012 7:01:01 PM
From: TobagoJack  Read Replies (4) of 217555
 
Re Russia, Iran, oil pricing theory
Certainly possible
Plausible enough to merit attention
Could even be probable
Oil is certainly cheaper now for a wager to go higher rather than lower

The various situations around the world seem quite messy, and perhaps too connected
Connected and messy situation cluster is prospectively dangerous, especially when covered w/ overarching debt-ly monetary simmer - I.e. our money is disintegrating

I shall visit Bali and Jakarta later next week through 1st few days of July. Just did a one-night round in Manila to see all is more okay than not.

Summer holiday about to commence july 16 and I would be best able to deal with crisis as I shall have little else to do except driving wife and mom to obtain daily bread. I have already loaded up on euro bills so that we have liquidity acceptable in local shops and not be at the whim of local banks.

I am suspicious that the French do not sense coming crisis because of their lifestyle and ambiance of surroundings. An astute money manager friend got uncharacteristically clobbered in the Lehman crisis as he held on to too much Lehman shares upon early retirement at age 40, in 1999. I suspect his life style (changing in n out of 5 pairs of swimming trunks per 24 hours) and location in Kailua and Waikiki had much to do with the detailing of the overall experience.

I aim to stay sharp, ever mindful of what happened to me last year when I enjoyed a temporary high of gold value immediately after a large buy of same, feeling better than good, then came out of vacation dumbed down but happy to the point of carefree, then icky September happened, followed by bad October, tagged by terrible November, and capped by dreadful December. Intending this year to end on a high note.
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