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Message: Re: Gold is Far From Topping.
1
Oct 13, 2010 06:21AM
5
Oct 13, 2010 11:16AM

koetjeboe: Good post! Good thinking!

But I do think, neverthless, that it is worthwhile to re-iterate that in today's economic climate, the wise person will hang on tight to any physical PMs they may hold, and to buy PMs on any dips that will occur, and I believe they will as PMs are slated to become much more volatile than at present. Max holdings, of course, is a personal determination, completely dependant on personal circumstances and preferences.

Above all, though, I would strongly suggest avoiding leveraged purchases. In this environment I think it would be folly to borrow to buy PMs or acquire them on margin. Just IMHO.

Best wishes, O.F.

9
Oct 13, 2010 01:21PM
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