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

To: Gabriela Neri who wrote (13388)	6/18/1998 8:46:00 PM
From: ahhaha	Respond to of 116857

There isn't enough tangible evidence of inflation to get the herd moving into the metal. Contrary to popular view, you don't want to get long anything until a reason to buy is sufficiently well-known. The greatest advice I can to you is to be patient. You, in particular, have to wait until it seems like it is too late and you've missed the move. I sense this in the words you choose to express yourself. This isn't so true for others. It takes a lot of conviction to get aboard when the cat is out of the bag. However, that's when the dough is made. What you would be doing with this approach is getting aboard before the herd of dumbbells stampede. The clever get in and get out quick to minimize risk, but they mostly minimize return. You have to avoid being too clever. When gold finishes putting in a bottom, I will be buying. It has to start up in an appropriate way. I like to buy tops. Others like to buy dips. I don't like to buy in a price structure such as gold has now, because you end up buying dips that fail.