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Message:: [QUOTE="GDJMSP, post: 6150, member: 112"]Precious metals are just like any other commodity - they go up - they go down. If it was easy to predict which way they'll go and when - we'd all be rich. But we're not are we ? Playing in the commodities market has made many a man rich. But it's made a whole lot more of them poor. It is not something for the inexperienced to attempt. Gold can drop back to $260 an oz just as easy as it can rise to $450. And silver can be back at $4.50 almost before you can blink or jump to $10. It's all a gamble and nobody - and I mean nobody - actually knows which way or when. If you're gonna do it - then do it. But when you have a profit - you would be well advised to take it. Waiting for more often translates into ending up with less. When I used to write a financial newsletter I had a friend in the business whose favorite saying was from a movie. It was - "greed is good !" Well I often cautioned my friend about that saying with one of my own - Greed Kills !  Well that friend lost something over 5 million dollars when the market crashed. No - I didn't say I told ya so.[/QUOTE]