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<p>[QUOTE=&quot;tommybee, post: 921686, member: 24999&quot;]Fools - I forgot to add that you don&#039;t have to buy at the lowest point and sell at the highest point to make money on your investments.&nbsp; You just have to sell for more than you bought it for.&nbsp; I been burned before because I got greedy.&nbsp; I thought that if my investment just doubled in value then its going to triple for sure!&nbsp; Alas, not always the case.&nbsp; My goal is to make my profit and move on.&nbsp; If you try to sell at the zenith you are going to drive yourself crazy and get squashed.&nbsp; Make well researched investment decisions and then sell when you have met the profit level you hoped for when you first invested.</p><p>&nbsp;</p><p>For instance, I&#039;ve bought a lot of silver in the past six months.&nbsp; I&#039;ve paid, on average, about 17 dollars an ounce.&nbsp; If silver goes up to $34 dollars an ounce, I&#039;d probably sell half to get my original investment back.&nbsp; Then I&#039;ll roll that money into something else.&nbsp; Hell, I might sell all of it if there was another investment I liked better.... </p><p>&nbsp;</p><p>The $800 an ounce for gold was a random number.&nbsp; The point I was trying to make was that the price of gold will eventually fall.&nbsp; Its a bubble right now. I&#039;m not saying it won&#039;t hit 2k an ounce.&nbsp; Maybe it will, but silver is the safer bet for me.&nbsp; I say silver is more likely to hit $34 an ounce than gold is to hit 2k an ounce. </p><p>&nbsp;</p><p>Am I right?&nbsp; We&#039;ll find out soon enough.[/QUOTE]</p><p><br /></p>

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