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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: inchingup who wrote (46909)12/9/2005 1:19:14 PM
From: westpacific  Read Replies (1) | Respond to of 110194
 
Family bought gold for $800 20 years ago.

It is only now they are making their money back. And yet still $300 odd in the hole. Believe me, this top, this time - goodbye gold.

T W E N T Y years in the red.

But this time is different. Will be the same this time around I am afraid.

Love gold, right.

West



To: inchingup who wrote (46909)12/9/2005 1:21:42 PM
From: Jim McMannis  Read Replies (1) | Respond to of 110194
 
RE:"Does that define me as a "gold bug" or not. If so, why? If not, why?"

Gold bugs typically buy gold because they thing the world as we know it is coming to an end.

In reality, gold, particularly gold stocks lend themselves to great displays of mania type emotion and therefore make great trading vehicles.
T/A works particularly well.

If you bought at $317 your next problem is figuring out when to sell. Congratulations.


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