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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.33+0.7%Nov 18 4:00 PM EST

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To: marcher who wrote (160452)7/22/2020 11:51:48 AM
From: TobagoJack  Read Replies (1) of 217862
 
That << looks more like 2700 than 1000, at this point >> is a wide range within which to make mistakes.

Speaking of wide range and mistakes, this day I ordered two sets of several of re-strike (original die / punch) Qing (circa last emperor) Dynasty and early Republic (1911-) silver coins but all re-struck in gold. China, the dynasty and the Republic (as opposed to the People’s Republic) did use silver as monetary ‘thing’ but both considered going on gold standard.

Only 100 coins of each die produced. The coin designs are well known in China, but the re-strike coins are not available as the dies were produced in Japan, and somehow ended up in Perth Mint. There is an arbitrage opportunity I am fairly sure.

Also ordered the last two HK-domiciled Homer Simpson coins 2020 “DOH” w/ the ‘O’ done in donut, which I thought important for the kids to remember.

I so like the idea of Krugerrands that I ordered more.

However, I did not feel like paying for any of it, and so arranged w/ counter-party who might be one of those RobinHooders, or some nefarious sort trying to goose TSLA shares, and shorted TSLA calls and puts in some proportion as I determined by putting back of left hand to forehead whilst the right hand’s fingers were tapping away on Cloud-ATM machine. About half of the wager should blow up on the counter-party by Friday 10:00pm Cape Town time.

I hope Elon’s company can get to 2700, but after end-July, and gold corrects to 1000. Call me an agnostic optimist.

I do need more coins, but shall do something after TSLA Q2 result announcement this night. The lemon remains good unless anything happens to key-man Elon.

finance.yahoo.com


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