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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 375.93

-1.8%

Nov 14 4:00 PM EST

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To: TobagoJack who wrote (87563)	2/28/2012 11:51:02 AM
From: carranza2	Read Replies (1) of 217769

Gold is volatile, but persistence and a steely will to not dispose of it during corrections will serve everyone well. A few well-place miners with good assets and low production costs, ditto. I think of a well placed miner as a gold printer. Persistence and a stubborn adherence to fundamentals will serve everyone well for nothing good will result from the varios LTROs and QEs. Read the French book for the umpteenth time during a few days off after Mardi Gras and again renewed the faith. Incredible. The analogies to the present are simply astonishing. Silent Cal Coolidge on persistence as a character trait: Nothing in the world will take away persistence. Talent will not; nothing is more common than an unsuccessful man with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent.

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