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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: TheSlowLane who wrote (64793)4/12/2009 12:05:20 PM
From: tyc:>1 Recommendation  Respond to of 78416
 
Thanks, TSL. I don't think we are far apart in our thinking and agree that "each person has to work out what is best for him". I am not bearish on gold, nor do I predict a decline. However, I believe "improbable scenarios" tend to occur more often that the laws of probability would indicate.



To: TheSlowLane who wrote (64793)4/12/2009 1:51:57 PM
From: marcos  Read Replies (1) | Respond to of 78416
 
Those short- vs. long-term questions will always be with us, always with something new in the mix to confuse matters, we'll never get it right better than sixty-five per cent of the time ... but if a person can do a little better than fifty per cent, and not overweight the current mistakes too high above the mistakes-to-be, then survival can be extended, to fight and fail another day

My plan for this week is to edge back into golds, not all in a rush, watching for a downswing buy opp ... thinking copper plays should follow through on the upside for a bit, take profit there with decent luck, review the broad-market stuff with an eye to raising cash, even consider paring back in oils [maybe, but very carefully and only short-term here]

... this has been a drive-by posting, off to an easter egg hunt in the rain, which may serve to partially explain mood

[edit] - Alpha, Orlandini meant this decade, which ends in approx 20.6 months, on 31dec11 ... [figure it out - there was no Year Zero, so decades end when their tenth year is completed, not when they begin] ... those big impressive numbers are great, aren't they, deadly when you include a date alongside them though