Message:

<p>[QUOTE=&quot;Cloudsweeper99, post: 1241073, member: 3011&quot;]The nice part about charts is that they tell you what the market thinks.&nbsp; If you have strongly held beliefs about gold and silver, and it turns out the market disagrees with you, you will lose a large percentage of your investment no matter how &quot;correct&quot; you believe you are.&nbsp; You say that the PMs soar when certain conditions prevail, and you are correct.&nbsp; But what you miss is that they have already soared and it could be very late in the bull market.&nbsp; And remember, buying on the dips with tech stocks in the late 90s worked right up until the point where the market dipped, kept going, and never came back.&nbsp; And because so many folks had been trained to buy the dips, many lost much more money than they previously made.</p><p><br /></p><p>For the sake of full disclosure, I believe there is more left in the PM bull market, but this isn&#039;t the time in the cycle to get complacent or hidebound in your thinking about them.[/QUOTE]</p><p><br /></p>

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