M, Right now, I don't own any. I just sold PAAS over $8 and am looking for a re-entry. HL is ok, but not my favorite company. I've also recently sold IMPUY and AMPTY, though I have rolled up my calls on platinum futures. Sadly, I can no longer buy palladium future options. I used a Japanese broker for those trades, as there is no listed market. I can't do that, nor can I ask my firm to creat an OTC options for me. Bummer, dude. <g>
But my point is to not be blinded by gold. There are other metals and resources other than precious metals (soybean oil, lumber, copper, bonds and furrin' currencies). Gold is great, but, despite the CRB's move up, these other commodities are nowhere near tops (except for bonds, and even that depends on when you start charting their prices).
I will get back into platinum, silver and buy more gold stocks when the prices offer me a bargain. |
