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I’m going on vacation so don’t expect all the bon mots. I’m supposed to be packing so I can’t waste time regaling you with nonsensical narrative.
I was taken somewhat unawares by the flagellant moves in my favourite names today, I’ll tell you. But having weathered the lashes of these volatile Vincenzos many a time before, I’ve grown almost inured to the pain. Such is the way of the long term bull-rider.
Here’s my daily take on the AMEX Gold Bug Index — the $HUI:
Not unfamiliar, no? And it looks like there’s probably a little bit more to go, according to the weekly:
Let’s gird our loins for a little more, here, but it shouldn’t be all that much more. The dollar broke through that $85 line I illustrated last night. I can’t see that being a good thing for the strength of the dollar.
Best to you all.
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Mr. Gint!
Many thanks for all you share.
Wish you safe, peaceful travels and a restful holiday.
Ditto.
Enjoy the holiday Mr. Gint.
Ah Roman Candle fights… brings back memories of the good old days. Thanks.
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Magnificent, and all for refusing to dabble in cotton.
Enjoy the vacation.
http://www.youtube.com/watch?v=GBsSttJsZOc&feature=related
Thanks Jake. I was actually looking at starting a position in the PM’s (long term), so I’m glad to see it’s going to pullback here a bit for a nice entry 🙂
That’s the one thing about these tortorous suckers… they will always give you a nice entry three or four times a year….
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Jake – Enjoy the holiday. I’ll be adding to my PM’s also. It’s funny how quickly the portfolio get’s “unbalanced” while enjoying the fruits of the PPT.
Thanks mon… I find I use the PM’s like Fly uses cash… as a respite upon which to build.
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