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<p>[QUOTE=&quot;Rono, post: 1627359, member: 6492&quot;]Howdy folks,</p><p><br /></p><p>A little volatility?&nbsp; And this is why it&#039;s so hard to actively trade the bullion markets.&nbsp; Nose bleed trips to whipsaw city.&nbsp; Nasty.&nbsp; </p><p><br /></p><p>If you believe, as I do, that everyone should have some percentage of their weath in gold/silver bullion, you almost have to be a buy and hold investor.&nbsp; The paper price is bloody impossible to follow on a near term basis.&nbsp; However, this is why I really do love this bull market in gold and silver.&nbsp; The trend has been marvelous.&nbsp; With the exception of a few minor hiccups, this has been a steady easy climb.&nbsp; Most decent trends in the market might last for 3-5 years.&nbsp;&nbsp; In the commodity sector the trends can last to 12-15 years.&nbsp; Much of this is due to the nature of the beast.&nbsp; New supply has to be discovered, permitted, developed, mined, refined, and marketed.&nbsp; Takes a while.&nbsp; </p><p><br /></p><p>And because of this trend and being a momentum investor, I simply overweighted the sector.&nbsp; Let&#039;s say I want to have 10% in pm&#039;s as my &#039;security blanket&#039;.&nbsp; However, because I&#039;m a bit of a player, I decide to up this to 20% while the trend lasts.&nbsp; In this case, the former is investment and the latter speculation.&nbsp; That&#039;s OK.&nbsp; Just acknowledge it.&nbsp; </p><p><br /></p><p>And remember that the trend is your friend.&nbsp; Repeat it often.&nbsp; And ride this sucker as long it runs.&nbsp; This is the greatest bull market trend of our lifetimes, pray don&#039;t miss the train.&nbsp; There will be amply opportunity to get off without riding it all the way back to squat.&nbsp; </p><p><br /></p><p>and so it goes,</p><p><br /></p><p>peace,</p><p><br /></p><p>rono[/QUOTE]</p><p><br /></p>

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