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<p>[QUOTE=&quot;desertgem, post: 1018332, member: 15199&quot;]True, it was only a $36 pullback today, and that will be forgotten for the most part tomorrow if it doesn&#039;t drop more. But another similar drop will have more people wondering if their investment is better off elsewhere. There was an article on Minyanville.com about john Paulson of GLD fame where it pointed out a main point. Sooner or later, every investor has to find someone they can sell to at a higher price to make a profit if they are investing rather than just hording and praying for it to keep going up. Accumulating, hording, keeping for ever is OK if you really don&#039;t care if the price/value goes up or down, just seeing your precious metal when you want is enough. But most seem to want to do this AND make money at the same time, but to do hording would be very scary to me, you are dependent on financial serendipity. If you are accumulating and want to make money ( investment), you must have an exit plan to get out safely. You don&#039;t want to be the last person on earth to buy gold at the all time peak. exit plans are necessary on the way up and the way down. Do not keep adding as the price goes down or up, UNLESS you have researched very deeply in the financial economy of precious metals, and plan an exit strategy also for downward movement that provide you some cash and reduce your exposure. Sometimes it amazes that many buy stocks, precious metals, real estate.....without doing due diligence, research without the influence of others, and whistle in the dark mine. Sorry for the sermon, just trying to give an alternative advice.</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>

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