I’ve got an extremely busy week ahead of me, so while I will attempt to log in as much as I can, I don’t expect I shall be my usual garrulous self. I’m traveling out to Southern Bustopia on the West Coast, and I hope to be safely wheels down before the airport bonds go teats up, and the baggage handlers start throwing Molatav cocktails at the TSA while storming the control tower.
I expect I may end up having to be Hummer’d out — a la “Mad Max: The Road Warrior” — so I’ll be bringing several ingots of .999 silver to pay for the petrol and extra ammunition.
As far as that goes, this week may be a good week to trade some silver in for consumer goods like eye black and B.A.R. rounds, if you are so inclined. A nice plow and a brace of oxen wouldn’t hurt to hold in reserve either, if you’re agriculturally minded. You see, with regard to precious metals, I think we may see a dollar respite here, so I sold another 10k of EXK on Friday, bringing my position down to about 30% of my original peak.
I also divested myself of some IAG, some GSS, some CDE, a touch more SLW, half of my PAAS, and about 30% of my ANV, with the remainder of those both being hedged, along with hedging most of the rest of the portfolio I didn’t choose to sell. I now have egregious amounts of cash with which to buy what I believe will be a forthcoming dip in the precious markets that I believe we’ve been holding out for since early December.
I may be wrong, and if I am the first thing I will be purchasing is AGQ. I will certainly let you know.
God bless you all, this night and always.