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


To: loantech who wrote (66084)7/1/2009 8:51:07 PM
From: tyc:>  Read Replies (1) | Respond to of 78417
 
My view (FWIW)

"dissed" ? the meaning eludes me.

If you see gold stocks trending up, (as I do selectively), then go for it ! But be prepared to change your stance if/when the situation changes. That's the difference between living in the reality of the present and believing in the infallibility of your assessment of the future,( or other people's assessment)

That doesn't mean, "be prepared to admit you were wrong" in your assessment of today. There's many a right decision that turns out badly. You know that, so just be flexible.

IMHO diversification should admit the possibility of fundamental change.... But then I am not a gold bug. To my mind the fundamental question is the relationship between two elements of my PF... cash and stocks. Right now there is no established trend between cash and (say) S&P 500. One is as good as the other. But I'm watching carefully. If cash goes up relative to stocks, I will increase the weighting of cash in my PF, just as I would increase the weighting of a stock while it is rising.

These thoughts MIGHT be of value to someone less experienced than you are.