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Politics : Welcome to Slider's Dugout

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To: wsw1 who wrote (11581)	9/10/2008 12:55:56 PM
From: RonMerks	Read Replies (1) of 50101

This is the toughest market I can remember for PM's. I am limiting myself to not going under 40% cash in this environment. Gold "stocks" and PM "stocks" seem severely cheap compared to the underlying metals. I held my nose and added more PAL here. Bought some more GSS MFN, RIC, MNEAF, and NXG. I still 'LUV' CDE- just not as much as I used to (vbg). Stocks are sooooooooooo cheap to the metal here. Either the stocks are the bargain of a lifetime- or the metals are going to fall a heck of a lot further. I don't have much cash left- keeping that 40% cushion. So the rally can start anytime it wants to- and it will be okay by me. This is isn't a smackdown- this is a good ole country stompin. I only have cash for one more entry here- and then I become a buy and holder- and praying not a folder (vbg). Ron

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