Stephanie

Still No Inventory Reduction at GLD

Digger,

I do not have an MBA. I work in a camping store. Part-time. About all the skills I have aside from spending 30+ a week reading financial stuff at home.

The practical part of what I'm saying is that it IS better to put $30-50 a month into gold/silver in this stage rather than in the bank because of inflation and the bull/bear market cycle mark. Even with the price slide this week, I still have a 48% return on my silver if I were to sell out tomorrow. Having less than $5,000 a year to spend after all bills and needs are done, I don't have the money to do stock markets, thusly there is just about nothing out there that can earn me the kind of return I would have gotten had I decided to sell out several months ago when silver hit $20+. That would have been a 100% return. But I didn't because I have a long-term plan in place. I don't time tops and bottoms, except to go in and buy on the dips and hold. Take a page from savers in India.