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

To: alpine_climber who wrote (73537)	4/25/2011 11:22:39 AM
From: carranza2	Read Replies (1) \| Respond to of 218871

In other words, as the undisputed leader/believer on precious metals, we'd feel far more comforted if you were back at the original recent, 35.2% or even much more....since the price rises alone would take you up some 3-5%! Who is 'we' in the "we'd feel far more comforted" part of your post? You certainly don't speak for me. Perhaps you were using the royal 'we,' I don't know. Analyzing the positions of others is a mug's game because it shows that you depend on what others think rather than on your own research, thinking and investigation. A sure road to perdition and a very bad habit for an investor. A bad habit, period. IN order to succeed as an investor, best to engage a huge amount of info, give each bit the weight it deserves, look for more info, think, ruminate, look for even more info , think and ruminate some more, reflect, determine past records, become obsessive about info and quality thereof, talk to smart people, reflect, do numerous internal 'what ifs,' look for more info, reflect again, synthesize, ruminate, then reach tentative conclusions, test them, backtest them, go to sources, ruminate, reflect, look for more info, engage similar types who have had proven success (like Jay), reflect, ruminate, then pay back others with the results of your work, let them decide what value to give to it. Lather, rinse, repeat. So far, I have seen very little on the 'give back' we all do around here on your part. Anyone can quote MarketWatch or CNBC; it's extremely low value stuff, almost spam. And I assume zerohedge is the staple for everyone that it is for me. In other words, you need to earn some chops before you talk about "we."

To: alpine_climber who wrote (73537)	4/28/2011 8:42:38 PM
From: TobagoJack	Respond to of 218871

<<... imply you sold off most of your previous 15.2% paper metals, but the price rises in the metals compensated to squeeze only 6.2% of the total>> ... sold 95% of paper platinum and 1/3 of paper gold and all of paper silver. the paper platinum and silver were always meant as a short term trades, and rarely for holding for more than a few months. The gold sale was to de-risk. the proceeds of pt sale went into a rental apartment purchase, and the vendor, an american banker, shall rent starting from the closing date. he is going to wager the proceeds on some american real estate as he figures he would be heading home w/i 2 years. interesting wager. let me watch n brief as we go. <<This is of course counter intuitive to what the sheeple believe, and act on. Which begs the question where do you, the first bull ever, go from here? ... So, I would like to enquire whether you still believe there will be a major correction in precious metals prices, and other than Bernanke finally telegraphing interest rate increases on Wed., do you look for other signs for a major correction so you can get back in?>> ... cannot eat precious metals, but can live on rental revenue that is tagged to local inflation / deflation rate, and i had always meant, since 1999, to gravitate towards rental revenue, that which comes in as i nap. besides, hk real estate lags gold badly and lags platinum horribly. what about prospect for hk real cratering? - buy more on cratering - as long as rental and cost of living are in alignment, what does it matter? - cannot keep waiting for bargains because the bargains may not be - acquiring cheap industrial units in path of announced and planned progress together with more expensive residential units in established areas ameliorates the average risk, especially as our industrial portfolio has tripled since first add in 2008 - real estate investing is qualitatively not different than equity investing, scale in, accumulate, zig n zag, do not get out unless there is a good reason - trading is not investing, and so i do not trade real estate <<In other words, as the undisputed leader/believer on precious metals, we'd feel far more comforted if you were back at the original recent, 35.2% or even much more....since the price rises alone would take you up some 3-5%!>> ... :0) i am afraid of the end of qe2, i fear end of may, and i am terrified that qe3 would not get underway until and unless the almost for sure terrible night happens. besides, by de-risking, i sleep better, so what remains on the table can remain there longer.