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Strategies & Market Trends : Ride the Tiger with CD

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To: Canuck Dave who wrote (96173)10/24/2007 8:28:43 AM
From: Zincman  Read Replies (1) of 313013
 
Exactly...
One can only imagine the amount of gold that will come to market at a 4 figure gold price.

NLW's love the fear factor.. It sells well.

I've learned to play the gold cards as they are dealt. Getting over excited about a huge payday in gold has, in the past, clouded my perspective and caused me to miss other great opportunities at hand.

Gold is like any other trading/investment vehicle, except the fact that is has a emotional premium attached to it that needs to be managed..imho.

Should gold get to big 4 figures, I suspect there will be additional challenges goldbugs will face when it comes to cashing in and/or realizing true gains w/ this investment.

Iow's: When(if) the 'stuff' hits the fan and gold goes to the moon, things will not be good.
JMVHO,
ZM
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