SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Wade who wrote (28044)4/19/2011 12:37:56 AM
From: KevinKT  Read Replies (1) of 48092
 
Wade: "These metals are my trading/investing profits and work as my cash equivalent. I will sell them if I need cash."

Very interesting concept. Thank you very much.

I just noticed that Ag is more consistent going up daily, while the stocks have ups and downs, sometimes as much as 10% a day.

So your methods is very good. When stocks have run up, sell them and buy the metals and continue to enjoy the rally without the risk of whack. Then when the stocks are whacked you sell the metals and buy the stocks.

It took me a few days to come to grasp of your method. Brilliant.

Right now I have too much stocks and not enough HZU. Sold HGU at open and plow it into HZU as a switch of tatics, and it worked. Sold some SLW on Fri and switched to HZU. Both instances worked.

I think I will convert all my SLW into HZU, then I will trade FR.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext