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


To: Arran Yuan who wrote (92731)3/25/2008 10:01:46 PM
From: regli  Respond to of 110194
 
Thanks Arran for pulling out one of my old posts.

Overall that whole post seems to have quite a bit applicability today. It is the reason why I don't think this is the period to sell gold despite seasonals not favoring it. In periods like these, there are few things with as much of a cushion of safety as gold.

As a gold investor and not a trader you have to take these sharp spikes down and appreciate them as they shake out the weak hands and provide a much better foundation for this bull market.