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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Bucky Katt who wrote (5855)	1/14/1998 5:10:00 PM
From: Bald Eagle	Respond to of 116764

<<There are just too many other sectors where you can make great trades.>> True, I'm quite diversified. I kind of look at my gold coin and paper investments as insurance, but unlike most insurance, I have a potential to profit from this one even if I don't have a major disaster.

To: Bucky Katt who wrote (5855)	1/14/1998 6:12:00 PM
From: PaulM	Read Replies (1) \| Respond to of 116764

I'm surprised to hear you say that. Most people aren't market timers. So buying a historic value is probably the best advice ot follow. When something as unchanging as gold is at multi-decade lows in the midst of world currency crisis it should be bought reflexively. You should average down if necessary. The same applies for miners. Buy those with the balance sheets and the experienced management to last a gold bear. Don't buy on margin. And forget about them. I'm not sure you're right that there will be time to jump on board when gold does move.