deflation :-((

again an armageddon for commodity bugs and my portfolio today ... i've got many unanswered margin calls today, so my broker sold randomly 3 of my positions (silver wheaton, first majestic silver, nanostart) ... paper (money) wins, real stuff loses ... :-( ...

silver leads the loser hit list as so many times in the last few weeks / months, minus 7.77% for a day :o(

it is already worse than 2008, isn't it? 

armageddon 4 commodity bugs ;o(

ugly days, ugly guys!

hell, the 1st crashy day for commodities this year, let's call that armageddon 4 commodity bugs ;o(

well, there were many of them last year (approx 10 days, i think), read abt one of these ugly days here ...

what's my idea 4 this blog post? hmmm, i'm going to count these nasty money losing days in 2010, so in december there will be some number out there :-). of course, it will be subjective and maybe i will also miss few of them (esp. when on holidays!), but i think it will help me 2 track + understand the markets, so what?

well, i plan to update that blog post regularly and maybe even post few comments later abt some specific issues on some of the crashy days like 2day, ok?

btw, i believe that we are in a early phase of hyper-inflationary rally, so my portfolio is gold + silver + commodities + these sectors' stocks long only, of course :-)

few of 2day's 'highlights' :o(

• my portfolio -3.06%
• corn -7.10%
• wheat -7.63%
• gold -2.11%
• silver -2.36%
• oil (wti) -2.41%
• lead 5.53%
• zinc -3.94%
• DJIA -0.34%
• nasdaq -1.30%
• ...
• btw, yesterday was orange juice -11%. crazy, isn't it? well, the most commodities rallied the last few weeks, that's prolly the overreaction into the another direction :-). do you still remember our homo sapiens financialis?

hell, is the world going 2 break apart? let's check the news, if any, which could cause such a downturn ,,,,

armageddon #2, 01/20/2010: yesterday an all-time-high, 2day the 2nd armageddon! well, we never know what's next! hell, maybe that's also one of the reasons why i like the financial markets so much, isn't it? it would be boring if everything was easy

silver and lead -5%, gold -2.5%, agriculture approx -2%, oil -2.5% .... the most of my stocks are down 3% - 8%, my daily 'performance' is -2.91% ... prolly just thx 2 my biggest single position scorpio mining, which is +0.0% today. well, my guess which i have posted few days ago that the most stupid folks sold their scorpio shares soooo cheap already is prolly true, as there was not much volume 2day ...

any cold comfort? yep! i could move the next company from my gold bugs fair watch list into my portfolio as the soooo low limit was hit today - welcome, moly mines (australia ~ molybdenum, copper, iron ore), welcome!

armageddon #3, 01/21/2010: no comments
armageddon #4, 01/26/2010: silver -4%
armageddon #5, 01/27/2010: silver -2.5%, natural gas -3.5%, zinc -5.07% ... all exchange traded commodities despite orange juice (+1.5%) are down, down, down ... so is my portfolio

.... folks, i think i have to stop that 'counter' as there are too many armageddons out there ... or find a new definition for my pain facing all that losses

armageddon #6, 02/04/2010: commodities collapsed on a much stronger usd (e.g. +1.37% against its paper buddy eur):silver -6.66%; gold -3.92%, DJIA -2.61%, my portfolio -3.70%,wti oil -5.53%, .copper -3.18%, ... many of my gold/silver companies (even the industry leaders) are down between 5% (barrick gold) and 12% (hecla miniong), it's just crazy :o(

btw, if i would have any money now, i would BUY all that fallen angels like 1st majestic silver, impact silver, hecla mining, orko silver etc. ... well, i've bought cardero resource corp. + oroco resource corp quite cheap in the last 2 days (btw, i could get cardero 5% cheaper) as i had some remaining money at my trading account and couldn't believe why do the folks sell cardero much, much, much cheaper than their recently received cash reserves and why do the folks sell oroco @ CAD 0.22 when the insiders/managers paid CAD 0.25 two weeks ago => ???

armageddon 4 commodity bugs ...

gold, silver, base metals, agriculture, energy ... everything is down, down, down today

.. the commodity stocks fell even much more than the commodities itself

oil WTI -1.47%, gold -1.56%, silver -2.49%, my portfolio -2.86%, natural gas -2.9%, XAU -4.02%, barrick -4.23%, HUI -4.27%, silver standard res. -5.34%, goldcorp -6.18%, rangold -7.57%, ...

there are sunny days, there are rainy days and there is a complete desperateness ... like today

damned hell!

complete craziness out there?

why do all these folks sell gold/silver and gold/silver stocks at these low, low, low levels as if there were not a single buyer for them tomorrow? is the financial crisis away? no, not at all !!! imho, we are still in its epicentre ;o)

.... and why do they bid all prices up again the very next day? are they really complete idiots?

armageddon in my portfolio as gold/silver plunged today :-(

folks, pls tell me if the crazy guys who dump their gold/silver shares 10-15% cheaper on the market today are the same who bought them yesterday?

btw, who will gain control over the huuuuuuuge sunshine silver mine in northern idaho? sterling mining, minco silver or sns? who cares? well, i do own few shares in all of them :o) ... the only company which informs their investors regularly is the silver valley based sns. the cayman island managed partners sterling/minco do not tell much ... and what about the current majority owner bob mori? does he really prefer sns as the operator of that historic mine?

armageddon 4 gold/silver bulls (like me)

oh, my god!

gold -2.09%
silver -3.89%
DJIA -0.75%
my portfolio -4.62%

well, the profits of the last 2 days were swept away today. c'est la vie! anyway, i wanna hold my gold/silver stocks the next 3-4 years (till DJIA costs about 1-3 oz gold; currently 1 DJIA = 9 oz Au)

armageddon 4 gold bugs ;o((

aua, aua, aua!

gold -2%
silver -3%
my portfolio -4%

well, let's see what are the numbers @ the end of day ... the most of my precious metals stocks fell in canada between 8%-15%, i assume my portfolio will fall much more ;o((

cold comfort: i will get some new money in the next few days! it would be nice to buy all these pretty, shiny gold/silver/commodity stocks cheap :-)

do u now the saying 'plan your trade and trade your plan'?

here we go, my plan 4 the next shopping orgy:

• silver and/or silver ETF (8K, just to keep some metal instead of paper (money) in case of some unexpected monetary reform)
• summer holidays (10K, watch out new york! watch out california! WE WILL COME SOON :o)
• security account with currently 6% interest (4K)
• my CFD trading account (1K)
• debt repayment 2 moni & cony (1K)
• commodity stocks (think big => 10 x 1K, basically big & stable companies without any danger of bankruptcies ;o):
• -> novagold (1k)
• -> scorpio mining (1K)
• -> cardero resources (1K)
• -> newmont mining, kinross, barrick gold, yamana gold, silver wheaton, goldcorp, bhp billiton, levon resources, minera andes, MAG silver, orko silver, nanostart (5K)
• -> renewable energy ETF + water ETF (1K)
• -> oil/africa/vietnam/bric/chile/china/taiwan ETFs + some commodity index ETF/cetrificate (2K)