> inordinate amount of effort trumpeting what you perceive as a supply glut of gold
Other folks spend their time discussing the dollar and conspiracy theories, so I need to contribute something else. In the long run it doesn't really matter what I think, only results count, and I have done just fine over the last four years. My inordinate and correct concern over primary mine supply got me out of gold stocks in 1996, kept me out until late 1998, and all my trades since then have resulted in capital gains, no losses.
I realize everything here on GPM is just talk, opinions, posturing, etc.. including my posts. I also know my time is usually best spent working on my website or actually trading stocks, but I just can't break the habit of reading GPM, it's addictive. It's also fun watching the goldbugs squirm when their drug of choice (gold) just doesn't give them the high it used to. Now that's entertainment !
P.S. I used to be very bullish on gold and wrote only pro-gold posts from mid-1992 to mid-1993, so please don't think I'm anti-gold. When gold shows me something, I'll be more than willing to change my mind. |
