Imperial Metals (IPM.T) Message Board

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Gold/Mining/Energy : Imperial Metals (IPM.T)

IPM 1.960

+1.6%

Nov 5 3:45 PM EST

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To: Italian Investor who wrote (1215)	1/1/2013 4:25:33 PM
From: Italian Investor	Read Replies (1) of 1366

Well I finished up 21.05% for the year not that impressive considering I could have just bought Berkshire and got 17.56% or used leverage buying Berk like that guy from Utah did and killed the market. Anyways it was good for 2nd on my list of big names I follow. This year I am playing it safe with the bulk of my money in a few investments FRFHF, RFP, JGBS, JGBD, YCS and lots of Cash. I like natural gas but don’t own any NG company directly playing it through Fairfax @ the moment. Prem has been adding to his SD position as of late most recently on 12/26. I remember reading in one of his letters he owned a lot of SD preffered also so it is not just the common so his position is pretty large. Might get back into L if it falls back in the 30s and that will be another way of playing it. I think I am going to stick with companies run by bright guys in 2013, I just don’t feel comfortable with any of mine. My predictions for 2013 is for the market to go down 15-20% from where it is now and then to recover to finish the year slightly down 1 or 2%. CNBC take note of my prediction and when it comes true you can replace one of those bubble heads you have on with me!

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