SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: gold$10k who wrote (10403)5/2/2003 6:19:49 AM
From: crustyoldprospector  Read Replies (2) | Respond to of 39344
 
VT, your scenario makes a lot of sense to me. Meshes also with the 3rd chart in my post from yesterday.

As you may have read, I changed my roadmap about 5 days ago, now seeing more upside (within 3 month window) to shorting the general market than in being long PM stocks. Maybe it is wishful thinking, but I expect a good bottom in the general market sometime this summer. Expecting healthy gains from DJX and NDX puts for deployment in August, before the gold train leaves the station.

All that said, I did take the plunge in the past three days, adding to ANO.U.V and YWO.V at compelling prices. Now at 76% PM, 8% short, 16% cash.

Regards,

crusty