Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Gold=The latest dent in gold, Harry Dent that is?
>
Reply to Thread
Message:
<p>[QUOTE="Rono, post: 1878932, member: 6492"]Howdy folks,</p><p><br /></p><p>I actually like Dent and have read his stuff for years. And he's been spot on about a lot of his macro-economic forecasting. That said, I've disagreed with him for years on gold and silver and still do today. I played the Hunt Bros and I've been playing the present bull market since late '02. He and others have been predicting the demise of gold while I've been making money. </p><p><br /></p><p>Warren Buffet is a smart man but he sold his silver stash before it went up. feh.</p><p><br /></p><p>First off I believe that everyone should have some small percentage of their wealth invested in physical bullion of some sort. 5-10% - whatever you're comfortable with. More than this is speculation. Speculation is OK, as long as you recognize it as such.</p><p><br /></p><p>I buy mostly silver on a regular steady basis with mint products. You could call this Dollar Cost Averaging and is probably the best way to invest for the long term. I also bought some extra bullion starting this past November/December when the price dropped. I bought some pucks and my annual tube of ASEs and annual foreign silver bullion that was available. As the momentum started for both gold and silver I started to adjust my portfolio to bring in a little more silver, albeit in paper form. Added to my core SIL holding, bought some PAAS (pays a dividend) and grabbed a couple of penny miners in ASM and MGN. I've scaled in twice and am looking to add a we bit more. </p><p><br /></p><p>What you need to do is to turn off the volume and stop listening to the talking heads and just watch the tape. Watch Captain Price and make your decisions about what is really happening.</p><p><br /></p><p>good luck,</p><p><br /></p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 1878932, member: 6492"]Howdy folks, I actually like Dent and have read his stuff for years. And he's been spot on about a lot of his macro-economic forecasting. That said, I've disagreed with him for years on gold and silver and still do today. I played the Hunt Bros and I've been playing the present bull market since late '02. He and others have been predicting the demise of gold while I've been making money. Warren Buffet is a smart man but he sold his silver stash before it went up. feh. First off I believe that everyone should have some small percentage of their wealth invested in physical bullion of some sort. 5-10% - whatever you're comfortable with. More than this is speculation. Speculation is OK, as long as you recognize it as such. I buy mostly silver on a regular steady basis with mint products. You could call this Dollar Cost Averaging and is probably the best way to invest for the long term. I also bought some extra bullion starting this past November/December when the price dropped. I bought some pucks and my annual tube of ASEs and annual foreign silver bullion that was available. As the momentum started for both gold and silver I started to adjust my portfolio to bring in a little more silver, albeit in paper form. Added to my core SIL holding, bought some PAAS (pays a dividend) and grabbed a couple of penny miners in ASM and MGN. I've scaled in twice and am looking to add a we bit more. What you need to do is to turn off the volume and stop listening to the talking heads and just watch the tape. Watch Captain Price and make your decisions about what is really happening. good luck, rono[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Gold=The latest dent in gold, Harry Dent that is?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...