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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: pezz who wrote (63402)5/11/2010 4:26:28 AM
From: TobagoJack  Respond to of 217544
 
Hello pezz, today’s report:

(i) I got notified to take possession of a load of physical pandas later this week purchased here Message 26508431 (may 4)

<<engaged by special order for and on behalf of friends and jack, contracted for more panda gold than i can carry, at price of usd 1,221/oz, to be delivered in two weeks time fresh from the mint of the new sovereign. the idea is that jack should not be at a disadvantage to the coconut when it comes to education trust funding>>

(ii) I am feeling rather good about gold, and whenever I am so ‘disposition-ed’, I fear, and so I sell down gold. In this instance I sold off 50% of all that I purchased December 24 through January 11th (see below) at average price of hkd 11,190, and recognizing enough net margin to pay for above (i) with enough left over for walking around change.

I now feel better, and am more inclined to buy paper gold should it tank when and if some sorry EU nation announce gold sales to pay for its wastrel ways, and do same with gdx and its derivatives.

I am happy to hold my positions until at least tomorrow. I could not sell more paper gold today because I simply ran out of time when the on-line bank metal desk closed for the day.

Message 26235261 (jan 11)
<<1) exchanged a lot of paper for a lot of paper gold, and am now in debt as a result, but for good cause, I figure.>>

Message 26225483 (jan 6)
<<i bought back at hkd 10,374/tael the remaining 2/3 of all paper gold i had so astutely unloaded back on december 17th>>

Message 26199855 (dec 24)
<<i could not help myself, feeling the palpable sense of impending financial disaster somewhere for someone by some strange ways, and so i sought salvation by engaging with 1/3 of all the paper gold i had earlier sold (sold at hk$ 10,434/tael), paying my dues at hk$ 10,197/tael (1 tael = 1.2 oz)>>

(iii) This trading business seems easy and fun. Thank goodness for internet, computers, cellular this, and broadband that, as well as on-line everything else. Just fantastic.

Cheers, tj



To: pezz who wrote (63402)5/13/2010 9:30:21 AM
From: TobagoJack  Read Replies (3) | Respond to of 217544
 
hello pezz, today's report

(i) was going to sell the other 50% of paper gold referenced here Message 26527385

but got talked out of the act by sharp trader of this and that, but also of gold. he said something about "Yamada says next stop 1500 I agree".

... OK, good enough for me for now.

Now that I am no longer leveraged
Message 26235261 (jan 11) <<1) exchanged a lot of paper for a lot of paper gold, and am now in debt as a result, but for good cause, I figure.>>, i guess i can chill for a while, as i no longer feel fragile.

(ii) doing my social duty, and for and on behalf of a secret fellowship, i did a wheelie at the distributor of you know what, just so



to pick up you know what, to be parcelled out over the next 48 hours to refugees from near and far. the modern wheelbarrow's volume of content was committed to here Message 26508431 at 1,221 just 9 days ago, or, eh, in panda terms (spot + premium) 5% ago.

(iii) i make five observations, three expected, and two not so:

- while burdensome excesses must saved, and troublesome surpluses must be stored, mineralization is recommended;

- interesting that, pulling the wheelie is not so demanding of effort, as the wheelie would pickup momentum while being dragged around, so easy;

- unexpectedly, stopping wheelie takes effort, as it picks up momentum easily when rolling on anything remotely at a downward incline, regardless how slight;

- lifting wheelie into cab was very difficult; and

- the romantic idea that a refugee can lug a suitcase of precious across borders by mountain path in middle of night during heavy rain is probably a non-starter.

cheers, tj



To: pezz who wrote (63402)5/19/2010 2:25:38 AM
From: TobagoJack  Read Replies (1) | Respond to of 217544
 
hello pezz, today's report:

continuing this round Message 26527385 of unloading / dumping of 50% of paper gold, i sold another 25% of original paper gold stake at hkd 11,288 per tael, and thus, in some sense, recognizing deserved gains.

gold is fun, and there are no corporate reports to read, and so is easy.

you should try it. i think you can be quite good at it.

trading gold, imo, for most folks could be good at it quite naturally; just buy when wish to sell, and sell when want to buy.

cheers, tj