22-07-2009, 02:33 PM
Peter Presland Wrote:David Guyatt Wrote:Hey Peter, you're a brave man dealing in the gold paper market!
David. There's nothing brave about my particular modus operandi I can assure you. Of all the tradeable paper contracts/securities markets, the PM's are probably THE most rigged and manipulated. So, like you, I would never use them for investment purposes. High-frequency trading is a different matter though. I rarely hold a pm contract for more than a few days and NEVER during the few days prior to a contract expiry. Average hold time is probably about 30 minutes overall. It's a tedious boring useless occupation but I manage to make a few bob at it.
Peter, when I come back from my extended holidays - er drowning - you'll have to teach me how to make a few quid too, as the idea is pleasing that some of us - who are not banksters or members of Vito Corleone's family or tatoo'ed Yakuza, or whatever - can also sometimes profit from the financial and commodity markets.
The shadow is a moral problem that challenges the whole ego-personality, for no one can become conscious of the shadow without considerable moral effort. To become conscious of it involves recognizing the dark aspects of the personality as present and real. This act is the essential condition for any kind of self-knowledge.
Carl Jung - Aion (1951). CW 9, Part II: P.14