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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: gold$10k who wrote (23128)10/19/2006 4:22:59 PM
From: TrueScouse  Read Replies (1) of 78421
 
Hi vt:

Long time since we last "spoke"! How's things? As you can see I'm still plugging along with my same old dangerous "buy and hold" strategy. But it IS a PM bull market after all, and I'm just following Jesse Livermore's advice. <g>

Seriously, I still have a strong conviction that this bull has at least a couple more years in it, and on each major leg up I've been taking profits and redeploying to other areas... you know, less risky stuff like real estate in Nicaragua! The danger, of course, is that my strategy on the downside is nowhere near as well worked out. But I'm hoping that by that time what I've got left in my Resources PF will be a lot less than 100% of my net worth -- which I'm a bit ashamed to admit was the dangerous situation a couple of years ago. <ng>

Currently my Resources PF is about 55% PMs and 15% in each of BMs, Energy and Gems. Nearly all juniors. Still very high risk but I manage to sleep at night. :^)

Are you still travelling the world and logging in with your super-lightweight laptop?

Best regards,
Howy
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