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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Keith Feral who wrote (42246)12/20/2012 8:29:34 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 221905
 
Yes, very true, but I'm also trying to scale into that market, and I also bought silver at 29.80, that's really cheap... I believe the dollar is not going to hold up well... maybe now for a brief period of time, but I trust the FED to have no self control, they will ease and pump money into the system until it finally explodes, the dollar will tank and inflation will rear its proverbial ugly head... I believe it's only inevitable, and when interest rates begin to rise that will only aggravate it further... considering all that, I think gold at 1642 where I bought is going to look pretty cheap in 12 months...

Also, it is said, be fearful when others are greedy, and be greedy when others are fearful... to me, this means buy the precious metals when everyone is selling in a panic...

GZ