Feel The Meat Grinder

I should have taken my own warning a little more seriously, it seems.  The dollar is cutting through its opposition like a well made ginsu knife, or Damascan sword.  Meanwhile, thanks to an early and quick mobilization into the silver market, I find myself without a single real dollar to spare – precisely where I did not want to be.  Alas!

I added to my SLV position back above $36 (it’s printing below $35 as I type).  It seems that was also an imprudent decision.  I will refrain from moving too much more, so as to attempt to float on the quick sand.

I am already down more than 3% today, but am strangely unfazed by the whole affair.  If we continue to see a complete melt down of the entire market, perhaps I will hedge.  Or, maybe, I will just bleed red until the market bottoms.

I am not, after all, a fund of any kind.  I am only Cain Hammond Thaler, and I’ll not be held responsible if I should lose every cent I hold.  There is no one to withdrawal my managed money from under my jurisdiction.  It seems to me that the best thing to do right now is remain steadfast and dilute steadily with new money coming in, until I see a clearer path than what’s before us; the fruits of my labor can abate my condition yet.

To each their own friends.  Good luck to you; storms on the open Ocean are never navigated with complete confidence.  I’m holding fast, but I won’t belittle you if you should choose to try and exit.