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chux08 » Comments » GOLD

  • Major Buy Signal Now Flashing for Gold Stocks [View article]
    If you guys want to know how to NOT buy gold, just follow Dennis Gartman, writer of the Gartman Letter. You'll see that guy buying gold on the way up and then he'll be shorting gold while it's falling. It's QUITE amusing!!
    Personally, I had about 3000 ounces of silver in my GoldMoney holding, which I had acquired last November at under $10 an ounce. Here about 10 days ago, I flipped ALL of my silver bullion while I was up and then bought gold while it was about $867 an ounce. Let's see.....I sold some last Friday, though NOT MUCH, for an almost $50 per ounce....profit. And some are still standing at the sidelines wondering what they should do regarding gold?? You keep wondering and I'll keep selling when the price is flying and buying more when the price goes down.
    Just remember that....when you get so nervous about the price of gold falling and you sell your gold INTO WEAKNESS because you lost your....nerve? No...if you're selling your gold into weakness, YOU'VE LOST YOUR MIND!! And there'll be others just like me waiting to relieve you of your falling in price gold, laughing all the way to the proverbial bank. You think I'm kidding??
    Try this next time....
    BUY gold when it's going DOWN (What? You think it would EVER fall to zero, like your paper money in your wallet is going to do?? Until you get over that mental block, you'll NEVER do well investing in gold). When it keeps going down, buy more. The more it falls, the more you buy. And then when it turns around (which it always does) SELL some of your gold when it's appreciating and going up in value. SELL INTO STRENGTH. Again, you think I'm kidding?? How much gold did YOU sell last Friday for a profit??
    If all of this sounds...interesting to you, may I invite you to have a look at a gentleman's website that has helped me IMMENSELY when it comes to my investing in gold and other commodities, UNLIKE NO OTHER?? Check out Stewart Thomson's:

    gracelandupdates.com
    Apr 26 10:51 am |Rating: +1 0 |Link to Comment
  • Major Buy Signal Now Flashing for Gold Stocks [View article]
    Your jeweler is smart....and he probably buys gold like the bankers do. And that's when it's going down. When you go to the supermarket do you look for and buy the highest priced tomatoes? Of course you don't. Then why in Hell would you buy gold when it 's going up?? Your jeweler was busy buying when it was down around $870 or so just like the bankers were busy doing. Just like I was doing doing. Today what was I doing?? I WAS SELLING GOLD FOR A PROFIT unlike you who were standing around wondering if it's time to.....jump in?? My God...WAKE UP!! And go ask your wife how she buys groceries and then maybe let her go and buy your gold....
    Apr 25 00:32 am |Rating: 0 -7 |Link to Comment
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