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<p>[QUOTE=&quot;Rono, post: 2625363, member: 6492&quot;]Howdy folks,</p><p><br /></p><p>I also try NOT to attempt to predict the market.&nbsp; Geez, you have to do it twice - once to buy and once to sell.&nbsp; Tough.</p><p><br /></p><p>That said, I have both a core holding of pm&#039;s that I consider my &#039;security blanket&#039;.&nbsp; This is my investment portion which I believe everyone should have.&nbsp; Size?&nbsp; Somewhere between 3-10% - pick your poison.&nbsp; This holding should be hands on bullion.</p><p><br /></p><p>More than this is speculation that the POG or POS will rise.&nbsp; This is fine but just remember that it IS gambling.&nbsp; For this portion, I&#039;m a momentum investor.&nbsp; I wait to see movement before making a purchase.&nbsp; Also, this play mostly has to be in the form of paper bullion products of some sort.&nbsp; Once I open a position, I wait and watch it and don&#039;t add any more until my initial purchase rewards me [read:&nbsp; I only increase a winning position].&nbsp; I&#039;ll continue to scale in until I reach my target investment or the market reverses and I have to scale out or liquidate. </p><p><br /></p><p>At this point I&#039;ve been acquiring bullion for the former as prices have been very attractive and it&#039;s the first of the year when the new stuff is minted. </p><p><br /></p><p>In addition to my annual stacking, I&#039;ve recently initiated a momentum play in the silver junior miners.&nbsp;&nbsp; I use these because they provide the most leverage.&nbsp; A truly insane amount of leverage.&nbsp;&nbsp; Cripes, you buy a stock for $0.25 a share and it goes to $2.50 and you just hit a homerun.&nbsp; Does this happen often?&nbsp; Of course not.&nbsp; In over 30 years of investing and 60 of coin collecting, I&#039;ve only hit one homerun. However it was with Silver Wheaton which I bought in 2002-4 in the $2 and $3 range.&nbsp; It peaked later in the decade around $43.&nbsp; Cha-Ching!</p><p><br /></p><p>Right now I&#039;m playing Silvercorp, Santacruz, Aurcana, and Tinka.&nbsp; Please note that these are penny stocks listed on the Canadian exchanges and are serious nosebleed vehicles. </p><p><br /></p><p>and so it goes,</p><p><br /></p><p>peace,</p><p><br /></p><p>rono[/QUOTE]</p><p><br /></p>

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