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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: John Madarasz who wrote (165613)5/14/2002 4:09:34 AM
From: patron_anejo_por_favor  Read Replies (2) of 436258
 
Krystallex is not a very good representation of gold stocks in general (and that's a pretty wimpy evening star...only covers about 1/4 of the long white candle going up, and bounced off today's lows in doing so).

I'm basically "averaging up" on my bullion position....this is only a 10% addition for gold, the rest was purchased between $268-$290/oz over the last 2 years. The silver position is a bigger step up (about twice my existing holdings), 'cause I think that market has a much bigger move ahead of it. People say "Oh, it just sits there and doesn't DO anything...."

And that's true, it doesn't go DOWN or lose value to inflation, or get printed into worthlessness, etc, etc.
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