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<p>[QUOTE=&quot;Brett_in_Sacto, post: 2203793, member: 71510&quot;]I am a proud contrarian, and I&#039;ve done well being one - after spending the first decade or so of adult life as a follower of the markets - and losing.</p><p><br /></p><p>If gold hits 700, the pundits will claim it could go to 500 (and a few will get back on their $5000 soap box too).&nbsp; And it very well could, at which point I&#039;d be buying even more and doubling down.</p><p><br /></p><p>Pundits also said not to buy real estate in the year 2000 - and I did - and won.</p><p><br /></p><p>And they said not to sell stocks in 2000 (liquidated and bought a house - see above - thankfully right before&nbsp; the dot-bomb).</p><p><br /></p><p>Pundits said not to sell gold at $1800 - it was going to $5000 - I sold - booking solid profits.</p><p><br /></p><p>Pundits also said not to buy real estate in 2010 - and I did - and won (again).</p><p><br /></p><p>Pundits said a lot of things over the years.&nbsp; I&#039;ve learned to be a contrarian and when everyone is on the bandwagon, anticipate the next move before they realize what it is.</p><p><br /></p><p>Time will tell.&nbsp; But I don&#039;t follow any of the news pundits - sometimes they get so wrapped up in the hooplah - they miss the obvious signs.</p><p><br /></p><p>[ATTACH=full]429661[/ATTACH][/QUOTE]</p><p><br /></p>

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