SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Real Man who wrote (92041)12/17/2009 4:49:22 PM
From: carranza2  Read Replies (1) of 94695
 
I sold off a bunch of my paper gold and miners a few days ago. Got rid of the rest first order of business this morning. I'm all cash.

The combo of declining growth in the money supply and the USD rally, fueled by the nervines who worry about sovereign debt, is a pretty tough one for gold to climb over.

The jitters are going to last and the clownie will be somewhat stronger, so I am looking forward to buying back a bunch cheaper. But in no rush.

The minor metals, represented by the likes of TCK, are increasingly interesting to me.

Got some physical but mostly was in paper. Not selling the physical, it's sacred, to be inherited by my descendants. Plus, it's a PITA to sell. vbg
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext