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


To: 2MAR$ who wrote (93961)8/28/2012 4:34:10 AM
From: Hawkmoon  Respond to of 219523
 
That 2000 to present chart is just incredibly nasty looking. The question is whether it can hold 2000, or is it going to complete that descending triangle to the downside?

We're going to find out within the next few months, I imagine..

Hawk



To: 2MAR$ who wrote (93961)8/28/2012 5:14:55 AM
From: TobagoJack  Read Replies (1) | Respond to of 219523
 
Hello 2mar$, today's report:

I have this day disposed of all paper silver in a/c domiciled in hong kong time zone, along w/ all paper platinum residing in the same time zone, and rid of all leveraged paper gold positions. I retained my usually high to high-ish unleveraged paper gold positions.

I intend to deploy the profit from latest trade to physical gold either Friday or Monday, and the then spot gold price is not relevant to the decision to mineralize. I am only following my decade-long recipe of engaging w/ physical gold by trading the paper stuff. Over time the numbers add up.

I hope to trade back into the paper stuff as and when the short term and short duration avalanche of qe-disappointments give way to renewed hope for qe. This seems a fun game.

Cheers, tj

P.s. the china share equity market is meaningless at the moment and have been for some time given the slow but stead drip of weekly IPOs.



To: 2MAR$ who wrote (93961)8/29/2012 9:30:17 PM
From: TobagoJack  Respond to of 219523
 
on possibly front role seating, i might be witnessing a prelude to what might happen in all prospectively hyperinflating domains

i have always thought of hong kong as a leading indicator to some possibilities elsewhere in the world

as our money is hard-pegged to the usdollar, our economy is tied to the world economy, and our assets are affected in value by whatever happens everywhere else but particularly china (i.e. china bubbles, we bubble; china cracks down hard on bubble, we bubble harder as the liquidity squishes to and through hong kong; china crashes, we keep bubbling as refugees come ashore)

as the world's folks of some means seek out rapidly dwindling havens of fiscal positive balance which are not answerable to brussels and washington d.c., thus removing zurich and singapore from the competition, and under sovereign nuclear protection of true capitalists, hong kong then ranks high as a point of destination

just cleared from tray

From: J
Sent: Thursday, August 30, 2012 9:14 AM
Subject: Re: Comments - Week of August 27

very reasonable, given the 2.9 yield on aaa+ rated locale as compared to ccc- t-bills, prospective currency re-rating, the prospect of euro and n.american refugees joining displaced mainland chinese, and 2.7% commercial financing rate / 2.1% mortgage rate, all under traditional english common law where the legislators have zero incentive to change rules and break promises

if the lease is brand new, then for all we do cannot know the deal could involve money-washing / capital-diversification by some mainlander needing hk dollars and albert needing rmb, yielding a handsome fee for somebodies from the get-go

as folks around the world must seek out territories of positive fiscal means to shelter from the grab-fest coming their way, hong kong's merit would eventually even make the french who wrongly re-domiciled to britain take notice

From: M
Sent: Thursday, August 30, 2012 9:02 AM
Subject: Re: Comments - Week of August 27

Let's do the math.
Purchased for HK$363 million or US$46.5 million for 750 sq. ft.
That is HK$484,000 per square foot or US$62,000 per square foot.
Rent is HK$10.56 million or $1.35 million per year for 750 square feet
= $14,080 psf or $1,805 psf per year in rent.
Yield is 2.9%.
Wow.

M

Hong Kong Standard:

Albert Yeung Sau-sing is on a roll despite the retail property market
bubble engulfing the territory.

His property unit, Emperor International Holdings, yesterday bought a
ground-floor shop in Haiphong Road, Tsim Sha Tsui, for HK$363 million.

The 750-square-foot unit, purchased from investor Liu Jun, is
currently being leased by a Singaporean barbecue meat chain - Bee
Cheng Hiang - for HK$880,000 a month.

Yeung's jewelry arm, Emperor Watch & Jewellery (0887), said it is
looking to open a new shop on Canton Road.

In fact, the unit just bought by Yeung is only one block away from the
road, a favorite shopping haunt for the mainlands' nouveau riche.