Frank P,
FEEL THE HEAT yet dude??
Just kidding,ggg.
I also believe we will get a short term negative move on memories of gold and Gulf War I, so some profit taking MAY be a good idea and I am sure many will do that.
However, since I don't believe the Iraq situation is a prime motivator for the PM market, I don't believe such a pullback will last. Therefore for most of my holdings I will not be approaching my basis, and even if they do, maybe I should add?
Why is gold going up? Why did gold go down in JULY? (Now THAT is a good question!). Will it go down when it should go up and up when it should go down??
I can't really answer the first two, but I believe the last two answer yes and yes.
Flip a coin for me, to me, it's a gold coin and it says Heads Up and Heads Up on both sides and gives the golden direction, not a warning.
Too bullish I know, but someone's gotta do it, ggg,
Roebear |
