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


To: 2MAR$ who wrote (99895)4/13/2013 6:32:37 PM
From: TobagoJack  Read Replies (1) | Respond to of 217542
 
i stand ready to re-leverage and to reverse this trade Message 28571797 (nov 28, 2012)

<<(3) off-loaded just about all paper silver at hkd 262.40 per oz. the silver were acquired here siliconinvestor.com at hkd 256.20 per oz.

i got impatient, can not be bothered to wait for usd 1.00 per oz profit so am settling for 80 cents, and am too fussed to wait for december so today is just as good. Which probably means silver shall go to usd 40 an oz within 3 months. No matter, am figuring there would be an opportunity to re-enter before year end in time for Chinese lunar new year celebration in feb of 2013. The funds shall go towards the leverage taken on for the engagement w/ the GOLD
mine venture.>>

at that time 80 pennies earned is better than nothing, and the follow-on hkd 56.40/oz saved (current price of paper silver at hk banks hkd 206 per oz :0) savings is better than a lot of other situations, and certainly more satisfying than massive losses.

should i mark to current imputed transaction value of the gold mine acquired w/ the help of liquidating the silver, i would have to write-up the asset by 3.75x.

truthfully? whew ! :0)

short term, trust instinct, and never mind the fundamentals.
long term, trust the fundamentals and never mind the noise.
difficult balancing, and balance we must.

believe the best is still ahead of us in so far as the macro gaming and in/out trading is concerned.

cheers, tj



To: 2MAR$ who wrote (99895)6/25/2013 10:44:28 PM
From: 2MAR$  Respond to of 217542
 
$DUST bear miner ETF pulling a double again in less than a month & miner ETF $NUGT has been destroyed

DUST will be tagging 150+ tmorrw, that low @ 71.50 was Au hitting 1420 R last month, could see 1100s soon this has been the most active fast rising instrument out there , up elevator.