Jocko, I'm in!!! :-) Just got back from Orlando...when I got there early last week gas was 1.37, left today and at 1.41...
Gold, and other natural resources, are a great hedge!!! Though we play stocks like these with a dream of hitting the "Lotto", we can afford to lose :-) But, one of these days I may hit a Big One, just like the Lotto!!! What would the World be like if we saw $800-$1,000 gold again, with the cost of borrowing money at 12%-24%???
Pretty Scary!!! But, I know we're both covered for that alternative, and eventuality... :-)
Only thing with stocks like these, that is different from the lotto, is I can put in a Stop/Loss...
Happy Labor Day...Gator
BTW, have been having a nip on your red :-)
Be safe, and happy... |