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Gold/Mining/Energy : Gold Price Monitor
GDXJ 121.93+0.8%Jan 9 4:00 PM EST

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To: Real Man who wrote (65975)3/17/2001 11:33:16 PM
From: long-gone  Read Replies (1) of 116845
 
<<Anyway, I'm even dumber keeping my gold, and accumulating more as POG drops. >>

OK, but without attempting to side with either, a couple of questions instead of answers(like everyone else attempts to give with such authority).

What is wrong with a plan which imposes a bit of both? Why does investing in gold need be an all or nothing situation, as most here believe there is a coming "supper run"? Why can't one take a bit of the best of both worlds?

In the words of J.P. Morgan, "Buy all the way down,Sell all the way up".

What is wrong with as prices decline buy A BIT, if prices decline more, but a bit more? If prices increase a bit why not sell a bit if the increase yet a bit more, sell a bit more? Allowing a bit of exposure at all times but NEVER being with-out protection AT ANY TIME? Never fully in or out - ever, what is wrong with this?

Why must gold(or anything else for that matter) be "all or nothing", ever?

Must one always "back up the truck" - an empty truck -, then dump it - DRY - at one time, in one place?

Something I've learned from panning, don't go looking for a 5000 lb gold boulder and not be willing to accept anything less. What's wrong with looking every minute for the mother lode but always willing to take that single grain of dust from the bottom of a single pan while looking for that larger nugget?

This is why I don't understand Ron's (and so many others) blinding hatred for gold - Is a little profit from gold evil when most others have only loss?
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