Message:

<p>[QUOTE=&quot;svessien, post: 7426487, member: 15481&quot;]You may well be right, [USER=26302]@medoraman[/USER], and I agree that patience is a virtue. However, trying to be smart and patient and a good market timer kept me from buying gold at 1100, 1200, 1300, etc., last decade, because I expected it to move closer to the price of the decade before. That hasn’t happened. Yet. </p><p>I heard an interesting perspective from Rick Rule, another gold man. He referred to travels in Asia, where he experienced a different approach than the typical market timer of the west. There people bought gold whenever they could, disregarding the price. Their experience was that accumulating gold would be good in any event. If I had done that the last 20 years, I could have been measuring my gold in kilos, not grams and ounces. So now I’m buying gold when I can, because I like gold, and I have lost some of my confidence in our governments and their currency bills. </p><p>Yesterday I got a 10$ 1898 for spot+8%. That’s a coin that I’ve been wanting for some time. It may lose 150$ of its value if gold is heading back down, but I don’t care. I didn’t buy it to sell it next month anyway. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>[ATTACH]1289379[/ATTACH] [ATTACH]1289380[/ATTACH][/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in