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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: Yogizuna who wrote (3864)	4/13/2004 5:28:45 PM
From: TH	Read Replies (1) \| Respond to of 60926

Yogizuna, I think bullion holders are more long term. Each time I buy I keep Russell's words in mind, "in a few years gold at $400 is going to look cheap". Or something close to that. Bullion is a pain to buy, store, and trade, but there is no substitute! I have no desire to trade my bullion, its just a hedge against the future decline of the dollar, and our economy. I've read a lot about gold stocks in a major decline, and I have not formed any firm opinion about what they will do. I took a pretty nice hit on the gold fund today, and I was trying to time that a bit. I'll just hold it now, as I expect there is still some buffer from earlier gains. My gut tells me this market move is a tree shake. My gut is often wrong short term, but long term its not too bad. Good Trading. TH