Precious and Base Metal Investing Message Board

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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Kaena™ who wrote (4660)	7/28/2002 4:11:51 AM
From: AH	Read Replies (1) of 39344

Working late. Can flap a while. Yah, I am glad I took good profits two months ago and used a good portion to pay debts. I suspect that at this moment I am one of the very few people on this continent without significant debts. However, I could not sit on the rest of the cash for long. It was simply burning my pockets. My bet was that Summer would be quiet and dull. So I tried to play a seasonal game and bought a whole bunch of juniors with a hole in the ground and a desk in a Vancouver back street little office thinking that they will start jumping around August/September. At that point, I was supposed to unload ~50% of high-jumpers to make the remainder 'free of charge' and cycle the gained cash into seniors. Good plan. But instead, I am being burnt with the rest of the paper crowd. Bought some coins and bars. Silver and gold. Screw the Fed and Treasury. I have time. Survived the Bear. Nothing scares me. Waiting for the Fall. Probably the end of the game for the paper markets, except for gold and silver. If not, there will be another Spring. Rejoyce! The Gold Bull is just kidding.

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