Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: KyrosL who wrote (55540)	11/4/2004 12:18:26 PM
From: energyplay	Read Replies (1) \| Respond to of 74559

Wow, that's really defensive. Looks like you are anticipating some great bargains to show up in six months or less. In some ways, that's even more defensive than being net short... Looks like you are ready for bird flu AND meteor impact... All kidding aside, are expecting something worse than an ordinary recession ? I could easily buy a recession caused by high energy prices.

To: KyrosL who wrote (55540)	11/4/2004 9:06:22 PM
From: Taikun	Respond to of 74559

Kyros, Nice one. I'm 65% cash, bullion and paper PMs. The cash is Yen, SFr, Euro, AUD but mostly CAD. I've been very short USD since the spring, and very long CAD and Yen. I've been increasing physical gold and silver bullion significantly. (Yes, even at these prices) Now if I can find more good places to store it all! The remaining equities are primarily oil and gold, although I pulled back on oil recently. I am increasing my PM positions by 20% at present. If I add anything else to my portfolio it will be physical: Dried food. Now, if gold will just break out to the upside I might crest your 66%...although I make that wish with a certain amount of trepidation. David