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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: gold$10k who wrote (31870)10/7/2011 6:06:55 AM
From: charcoal1 Recommendation  Read Replies (2) | Respond to of 48092
 
<<When I am uncertain in a situation like this, I will often sell half (in effect that's what I have done with puts) to guarantee that I will be at least half right.>>

You are completely correct with all your points. I am just hoping that the PM's will soon separate from the general markets and show positive divergences, regardless of the treacherous broad market environment.

<<Ultimately gold, silver, and related investments will all go to the moon and the current volatility (nothing new in this sector) will seem of little consequence.>>

This is what I try to remember when panic sets in and the desire to bail on everything becomes overwhelming. Emotions and volatility do not go well together to say the least. I am doing my best to control the emotions that have become so prevalent in this most recent down draft. Your approach has served you extremely well, along with others who read and value your thoughts and opinions, myself included. Please keep keep them coming. They are vital for the maintenance of my sanity!