SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: tyc:> who wrote (66085)7/1/2009 9:12:34 PM
From: loantech  Read Replies (1) | Respond to of 78418
 
Dissed means put down. <G> A young person's term but now they no doubt don't use that anymore either. We are getting away from the teen years!!
tyke my point is for me it is too hard to see the little ups and downs daily or even weekly in the gold stocks. My failures are I have hit many triples and then did not take profuits but hung on for more or believed the soothsayers and then rode the same triples down to a small profit, break even or sold at a loss.

I do need to learn to sell when good profits are booked. This current time around using NGD and RIC for instance are "things different this time"? NGD sold off in the slaughter to 74 cents way beyond reason. RIC sold down to less than a dollar when their burn rate is low and they had more than a dollar per share in the treasury. NGD has quadrupled and RIC has gone up 3.5 times. Should we sell now and walk away?

Me I am just looking at a past ratio of credit or government deficit US based and compare the 70's to now. Seems to me if there is an historical relationship gold should or could be much higher so I hang around and wait to see if it happens.

I do not want to buy many stocks as I see a contraction in the economy as deficits and I guess that means expanded credit is soaring. Of course many would say credit is declining and even I really have not a clue.