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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: I_C_Deadpeople who wrote (4000)5/29/2002 11:09:50 AM
From: Canuck Dave  Read Replies (1) | Respond to of 39344
 
Very sensible post, Eric. Balancing greed and fear is never easy.

CD



To: I_C_Deadpeople who wrote (4000)5/29/2002 12:58:08 PM
From: Nadine Carroll  Respond to of 39344
 
Now that it appears to have started we have the little voice in the back of the head saying "sell everything it can't last!!!". We all know the power that the Central banks and the Fed have and I begrudge no one for taking profits at this point

You speak for me too, Eric. One factor I am waiting for before beginning to sell is the price of the US dollar. Everyone knows it is still overvalued; until it is down at least 15% from its high (currently about 7%), I will wait and watch.

Gold bulls see further dollar decline
marketwatch.com