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<p>[QUOTE=&quot;Rono, post: 1885255, member: 6492&quot;]Howdy folks,</p><p><br /></p><p>I don&#039;t see anything wrong with the article - he was simply reporting what had happened over the past year with the POG asking if indeed, this was the end of the bull&nbsp; market or not. </p><p><br /></p><p>I&#039;m a coin collector and a momentum investor.&nbsp; &nbsp; That said, I firmly believe everyone should have some percentage of their wealth in physical gold and silver - say 5-10%.&nbsp; More than this is speculation and while that&#039;s fine, just be sure you are aware of it.</p><p>&nbsp;</p><p>Because of collecting coins for over 50 years, I was able to spot the breakout back in 2002/3 and proceeded to back up the truck.&nbsp; I had helped to pay for my college with silver sales into the Hunt Bros run back in the late 70&#039;s so this was not new ground.&nbsp; It was however, an opportunity to play more actively than selling 90% silver coinage I had bought out of the cash register back in the early 70&#039;s.&nbsp;&nbsp; I was able to buy mutual funds and stocks and ETFs - oh my!&nbsp;&nbsp; I was able to buy Silver Wheaton SLW in the $2s and watch it go over $40.&nbsp;&nbsp; I cut back my speculative momentum play when things started breaking down a couple of years back.&nbsp; You like to ride the train up&nbsp; the mountain, but riding it back down sucks.</p><p><br /></p><p>Back in the fall, silver hit some amazing lows and folks around here (myself included) started buying again.&nbsp;&nbsp; I started to ramp up&nbsp; my basic paper holdings, bought some annual issues, some hockey pucks, my annual ASEs, etc.&nbsp; I also started watching the miners, particularly the silver miners as they seem to have much more leverage and therefore greater profit potential.&nbsp;&nbsp; I started with some PAAS because it pays a dividend.&nbsp; Now I&#039;ve been scaling into positions with some silver mining penny stocks.&nbsp; Very much nose bleed stuff and not for the weak at heart.&nbsp; Plays I have on right now include MGN, ASM, SLTOF and HUSIF.&nbsp;&nbsp; The momentum is very good and I&#039;m scaling in.</p><p><br /></p><p>I guess the bottom line is I have no idea where the POG or POS is going to go to - how high?&nbsp; how low?&nbsp;&nbsp; At this moment in time there is positive momentum in gold and silver and particularly in their mining stocks.&nbsp; I&#039;m going to play it and make some money and really don&#039;t care who says the market is&nbsp; going up or down. </p><p><br /></p><p>The talking heads do not matter.&nbsp; The only person that matters on the planet is Captain Price (i.e. what is the price of bullion doing - both paper and physical).[/QUOTE]</p><p><br /></p>

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