chux08

Gold: What It Will Take to Overcome $1000

"Gold bugs should expect to suffer more short term pain in this great long term core holding."

Pain?? I was thinking & BOOKING PROFITS!! I'm no gold bug but I did manage to sell some at $950 for a nice profit earlier today. If you buy your gold like you buy your groceries and that's when the price is (going) down and sell into strength, when the price is rising, I (and others who've learned how to trade "the lowest risk investment on Earth" like I have) don't care what the price of gold is going or not going to do. PRICE DICTATES MY MOVES, so if it does go to $700 you can be sure I'll be there on the BUY, gladly scooping up the gold you lost your nerve and bailed on. But yet, if it goes to $1200 you can BET that ain't my first sell point either and that I've made money at EVERY $25 stop of the old gold train as well.
Ya....pain....I don't know how much more of this I'll be able to stand!!!!!!!! :-)