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<p>[QUOTE=&quot;Rono, post: 2376302, member: 6492&quot;]Hi folks,</p><p><br /></p><p>Yeah, gold/silver is a very weird animal in our portfolios.&nbsp;&nbsp; I&#039;m of the school that everyone should have some small percentage of pm&#039;s in their portfolio, say 5-7%, as a core holding against whatever.&nbsp; My grandkids had their bed buddies.&nbsp;&nbsp; Well, gold is mine.&nbsp;&nbsp; In this particular application, I consider pm&#039;s an &#039;investment&#039;.&nbsp; But only this small core holding.&nbsp; More than this is speculation.&nbsp;&nbsp; Speculation is fine, so long as you recognize it as such.</p><p><br /></p><p>That said, stocks and bonds can also be both investments or speculations.&nbsp; </p><p><br /></p><p>I&#039;m retired and a pretty conservative investor.&nbsp; However, wifey and I like to hit the reservations and play blackjack.&nbsp; It&#039;s call gambling.&nbsp; I also enjoy a wee speculative play ever so often.&nbsp; It&#039;s also called gambling.</p><p><br /></p><p>Right now I have sizeable momentum play on junior silver miners.&nbsp; It&#039;s pure, 24K, tripled distilled nutzoid speculation . . . . but&#039;s fun. </p><p><br /></p><p>BTW, my big horse is SVM but am also riding EXK, AG, ASM.</p><p><br /></p><p>You find gold and silver miners at kitco at either page gold or silver.&nbsp; The big leverage is with those under $1.00 but that&#039;s where the most risk lies.&nbsp; I&#039;ve been scaling into SVM from $0.60 to $.80.&nbsp; Here&#039;s the chart:</p><p><a href="http://bigcharts.marketwatch.com/advchart/frames/frames.asp?nosettings=1&amp;symb=svmlf&amp;uf=0&amp;type=64&amp;size=3&amp;sid=0&amp;style=320&amp;freq=1&amp;entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&amp;time=7&amp;rand=7405&amp;compidx=aaaaa%3a0&amp;comp=ag%2c+asm%2c+exk%2c+&amp;ma=3&amp;maval=50&amp;lf=4&amp;lf2=16&amp;lf3=32&amp;height=0&amp;width=0&amp;mocktick=1" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://bigcharts.marketwatch.com/advchart/frames/frames.asp?nosettings=1&amp;symb=svmlf&amp;uf=0&amp;type=64&amp;size=3&amp;sid=0&amp;style=320&amp;freq=1&amp;entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&amp;time=7&amp;rand=7405&amp;compidx=aaaaa%3a0&amp;comp=ag%2c+asm%2c+exk%2c+&amp;ma=3&amp;maval=50&amp;lf=4&amp;lf2=16&amp;lf3=32&amp;height=0&amp;width=0&amp;mocktick=1" rel="nofollow">http://bigcharts.marketwatch.com/advchart/frames/frames.asp?nosettings=1&amp;symb=svmlf&amp;uf=0&amp;type=64&amp;size=3&amp;sid=0&amp;style=320&amp;freq=1&amp;entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&amp;time=7&amp;rand=7405&amp;compidx=aaaaa:0&amp;comp=ag,+asm,+exk,+&amp;ma=3&amp;maval=50&amp;lf=4&amp;lf2=16&amp;lf3=32&amp;height=0&amp;width=0&amp;mocktick=1</a></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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