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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 437.26+3.8%4:00 PM EST

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To: 2MAR$ who wrote (93961)8/28/2012 5:14:55 AM
From: TobagoJack  Read Replies (1) of 219563
 
Hello 2mar$, today's report:

I have this day disposed of all paper silver in a/c domiciled in hong kong time zone, along w/ all paper platinum residing in the same time zone, and rid of all leveraged paper gold positions. I retained my usually high to high-ish unleveraged paper gold positions.

I intend to deploy the profit from latest trade to physical gold either Friday or Monday, and the then spot gold price is not relevant to the decision to mineralize. I am only following my decade-long recipe of engaging w/ physical gold by trading the paper stuff. Over time the numbers add up.

I hope to trade back into the paper stuff as and when the short term and short duration avalanche of qe-disappointments give way to renewed hope for qe. This seems a fun game.

Cheers, tj

P.s. the china share equity market is meaningless at the moment and have been for some time given the slow but stead drip of weekly IPOs.
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