[youtube:http://www.youtube.com/watch?v=8Qtgm5g5Gyo 450 300]
Fly Takes on the Mustachio’d Bearshitters via Liberal Use of The PPT Hammer
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Here’s the full vid, if you’re interested. I tried to isolate the part where Bugs sells the King’s garden property to the Sheriff of Nottingham (pictured above), but couldn’t find that select clip.
I thought the Sherriff’s self-head hammering in that scene (about 4:00 or so in the full ‘toon) a particularly apt metaphor for the ursine intransigients, but I guess the scepter-malleting depicted above will have to serve as an able “second best.”
He is making the Sheriff a “KNIGHT” after all, right?
Too unsubtle? Pity.
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More of the same wanton winning today, even as my activities in The PPT were relegated mostly to assembling one single ginormous call position in [[GDX]] .
I sought “deep-in-the-money” leverage here, purchasing the December 39’s and 40’s at $8.60 and $7.90 respectively. I had to buy both at the ask, which I don’t like to do, usually. However, I was unsuccessful with limit orders at lower prices, and did not want to wait another day, as I think GDX could launch again at any time.
I expect to hold these calls til near Turkey-Day, for what it’s worth. I may shave some exposure if we have a large run-up earlier than I expect.
In other news, the “Killer Bee’s” [[BAA]] and Beazer Homes USA, Inc. [[BZH]] continued to mint coin for myself and my compatriots in the bullion vaults of The PPT. That’s just one letter of the alphabet in double digits… I’ve another 25 in here ready to roll.
It’s been that kind of day in The PPT Wintocracy.
I continue to like IAMGOLD Corporation (USA) [[IAG]] , [[CDE]] and Silver Wheaton Corp. (USA) [[SLW]] for accumulation purposes here.
Tomorrow, I look at an interesting metal play starting with “A” — I think you’ll be intrigued.
Until then, Slange (sic), and out.
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