Market feels good because China easing, and strategically important for FED to tag, am told
Gold puts / calls continue to generate nice yields
Same for BHP, RIO, VALE, NEM, DRD, SBSW, FNV, SA, CCJ, KRBN, XOM, JOE, DLR, GDX, GDXJ, SIL, …
Options are sort of like wave-based electricity generating contraptions … just need to have the market move, up and down, ideally within a band, and keep moving, and we can sup from the energy, and keep supping
Gold is perfect, because unlike all companies, it CANNOT go to zero, and it CANNOT keep still, and it is totally useless until useful, and really ONLY needs to be properly priced once per life time, and even if not, not fatal.
Gold shall soon be weaponised by enough domains and bears watching. Bulls also watching.
Starting new biz doing trading of beef and chicken and other stuff, so as to GetMoreGold, also to trade.
Office shall be set up a few doors down from the Hong Kong Gold and Silver Exchange. Renovation shall be completed late September / early October.
I do expect a market drubbing between now and year end, including gold, and am mostly in near-cash, and am moderately short commercial real estate REITs and regional banks. |
