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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: RonMerks who wrote (11317)8/27/2008 11:26:15 AM
From: ecrire  Respond to of 50102
 
Many strong Gold believers don't want to get involved in options trading. Nor fooling around with speculating on Natural Gas as "insurance". They use trailing stops on their longs. If liquidated, they re enter when technicals warrant. Much simpler.



To: RonMerks who wrote (11317)8/27/2008 1:50:53 PM
From: 8bits  Respond to of 50102
 
Buy and hold isn't insurance- it's stupidity.
I'm up 120% over 5 years with my stupid strategy. It may not your or Slider's strategy but it's been successful for me and quite a few others. When you have lived in countries when their currencies became essentially worthless, the concept of precious metals as insurance becomes crystal clear.

Good trading to you.


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