RE: Fluli.....No I am fine, a nice little glass of good wine here in Germany in the evening. Will look some football in a few minutes.
I understood that you are a bit negative on the PM-markets for a while because yo feel they were going parabolic. Remember our TA-discussion at the beginning of this year.
For me the developments in the Silver-market aren´t clear at all. Parabolic, yes. Correction, yes in time. But when? That´s important. I believe that the PM-markets will run until May. I believe the end of this upleg will be in when Gold is going parabolic, which was not the case until today.
I will sell my Silver-producers when I feel this upleg is over and I don´t have this feeling yet. Japan is a black Swan-Event, not plannable. It will pass. Perhaps it will destroy the momentum-run in Silver, but I don´t believe that for now.
I won´t sell GNG until the goal of outlining of at least one big Silver/Gold-property was done irrespective what will happen to the PM-market.
If you have bought shares in Germany before 2009, as I did, you can pocket your profits completely taxfree. If you buy shares now you pay over 26% of tax on your profits. You see I will only sell if there are big profits, because I won´t have the taxfree possibility anymore. This applies to nearly all of my holdings. GNG in my opinion has the biggest chance of advancing dramatically over the next years. So I hold on. I will think about hedging in May not now.
GLTA
F