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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (76153)	7/9/2011 10:56:58 AM
From: carranza2	Read Replies (2) \| Respond to of 218033

Not a bit worried. Armored by gold, shares in a low cost, beautifully managed gold miner [NGD] that insists on digging the stuff out of the ground in increasingly larger amounts at an average cost of $300-400 an oz., and cold hard cash. No reason to worry. At this point, simply a game of seeing if my thinking is as good as I think it is. The future will determine if rewards are merited. The position is such that no losses of any significance should occur if I am wrong. The potential for some very nice gains I think is good. Not trading, not changing a thing for several months. Ignoring the pesky minutiae. Who can be right in saying this or that stock will go up or down by so much in six months? Sheer stupid arrogance, IMO, and an invitation to disaster. It's the Big Pic that counts, the huge trends that matter. Unfortunately, they are almost invisible because of their size but easy to see when one drops the microscope. The beginning of the denouement is upon us. We shall see. You pay your money and you take your chances.