"Why should I trade one tyrant three thousand miles away for 3000 tyrants one mile away? An elected legislature can trample a man's rights as easily as a king can."
--Benjamin Martin
As we head toward the Back Nine of 2010, a brief progress report on this yr's personal financial goals.
Pay off mortgage. Just submitted my July payment which will bring balance below $10K! Still hoping for end of summer completion.
Add to bullion. Was more aggressive than initially planned in early spring. Gold bullion by weight has increased over 50% YOY.
Deflation trading. I've basically been trading uptrends and downtrends in the tape with decent results so far this yr. I do sense deflationary pressure dead ahead. Except for snivlet-sized longs in a coupla stocks (MSFT, XOM), I'm all cash. Will enter H2 looking for opportunity to re-enter some short exposure.
Overall have been quite fortunate thus far this yr given general conditions.
positions in bullion, MSFT, XOM
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