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Gold/Mining/Energy : Silver prices
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To: ahhaha who wrote (1830)4/24/1999 11:29:00 AM
From: Bexar  Read Replies (1) of 8010
 
When it's hard on you psychologically and you see it dropping and you wish that you had sold yesterday, that's when you hold.

ahhaha,

Isn't that the truth! But, for me at least, it's harder to understand the reasons why gold went so low.

I've, in the past, been 10's of thousands down on gold. I can't say that about other stocks.

You would think it would be easier to sleep with gold in your portfolio. I've come to the conclusion that nothing makes sense about the price of $XAU.

Wasn't it in the 80's when gold hit a high? Isn't their a cyclitic movement? My guess (w/ charts) is that the low was in '98 and within two years we will see a serious high. Although, the next couple weeks will be rough and without sleep. Your words,

"When it's hard on you psychologically and you see it dropping and you wish that you had sold yesterday, that's when you hold"

will be on the minds of many.
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