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<p>[QUOTE="Cloudsweeper99, post: 1173647, member: 3011"]<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" /></p><p> </p><p>You should never respect anything I say without checking it out for yourself. Here is another thing to consider<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" />: I made the decision to concentrate my investment portfolio into PM and energy related investments in 2004. I used to tell people I expected the old highs in silver and gold to be reached at a time when I was buying ASEs for $5-7 and gold for $425. So you could say I have a fair amount of experience and participation in this bull market. But it also means that my thinking might be outdated. Right now, I'm looking around and reading a lot of different things because I realize that I'm going to have to find some new ideas pretty soon. Yesterday's and today's ideas and investment concepts look pretty smart this far into a bull market, but that's also what makes them extremely dangerous. It is the new idea and discovery of the next big thing [that everyone thinks is strange] that will earn high investment returns over time. I've been selling some PM and energy investments on rallys since last November. I don't expect to bail out completely until gold and silver go parabolic [which I define as $100 increases for gold in a day or two and $10 in silver], but it's something that everyone here should be thinking about -- what to do next. The people who are wildly bullish for the long run scare me.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1173647, member: 3011"]:eek: You should never respect anything I say without checking it out for yourself. Here is another thing to consider:eek:: I made the decision to concentrate my investment portfolio into PM and energy related investments in 2004. I used to tell people I expected the old highs in silver and gold to be reached at a time when I was buying ASEs for $5-7 and gold for $425. So you could say I have a fair amount of experience and participation in this bull market. But it also means that my thinking might be outdated. Right now, I'm looking around and reading a lot of different things because I realize that I'm going to have to find some new ideas pretty soon. Yesterday's and today's ideas and investment concepts look pretty smart this far into a bull market, but that's also what makes them extremely dangerous. It is the new idea and discovery of the next big thing [that everyone thinks is strange] that will earn high investment returns over time. I've been selling some PM and energy investments on rallys since last November. I don't expect to bail out completely until gold and silver go parabolic [which I define as $100 increases for gold in a day or two and $10 in silver], but it's something that everyone here should be thinking about -- what to do next. The people who are wildly bullish for the long run scare me.[/QUOTE]
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