Actually, Lech. I never do I told you sos, so relax. Commodity trading teaches you humility. I think that that is a good way to go short gold and I wish you luck.
Dona I opted for an imperfect and admittedly unsophisticated purchase of a Deutsche Bank short gold ETN. Long purchase of a short ETN. Ticker DGZ. I got in at $16.11, just to make it easy for you to do the running told-you-sos. I understand the risk of value being eroded by volatility but I chose to accept that risk rather than do something more sophisticated with higher transaction costs. I’m not betting very much money, you know.
I work with producers, fabricators and merchandizers who use commodity derivatives to manage price risk. NOTHING I do is about taking a flyer, it is about helping people to stay in the game, stay alive.
Thanks Dona. I would never do highly leveraged commodity trading unless I could be laser focused on it full time. That shit can ruin you.
Pete, joining us for lunch Fri or blowing us again?
200
Actually, Lech. I never do I told you sos, so relax. Commodity trading teaches you humility. I think that that is a good way to go short gold and I wish you luck.
Dona I opted for an imperfect and admittedly unsophisticated purchase of a Deutsche Bank short gold ETN. Long purchase of a short ETN. Ticker DGZ. I got in at $16.11, just to make it easy for you to do the running told-you-sos. I understand the risk of value being eroded by volatility but I chose to accept that risk rather than do something more sophisticated with higher transaction costs. I’m not betting very much money, you know.
seems like I know how to clear a room
I don’t see any PLUSA on this list. What happened?
http://bk.ly/ulp
A few snide snarky comments in COTD is warranted in case the coop board decides it will allow agnostic rabbis with dogs to live there.
I work with producers, fabricators and merchandizers who use commodity derivatives to manage price risk. NOTHING I do is about taking a flyer, it is about helping people to stay in the game, stay alive.