Welcome To The Golden Minerals HUB On AGORACOM

Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: It's hard to admit

investing versus trading

posted on Sep 09, 2008 07:19AM

Real investing is about being right long term not short term like traders such as Gartman. Sinclair and Murphy have the correct long term view as demonstarted by the gold price over years and will be correct going forward, of this I'm very confident. Jim Sinclair has more money fall off the table in a year than Gartman has in personal wealth, a real measuring stick if there ever was one. Most retail investors, probably like some here, sell when they should be buying and buy when they should be selling.

I see blood in the streets, long faces and have been buying ECU stock and golds lately. I don't try to pick bottoms, that's a complete muggs game and leaves me open to missing good value, similar to top calling. I also rarely engage in price predictions, markets taught me long ago that's a muggs game. I look for value longer term and support what I buy when I'm 100% confident I'm in the right sector, company and bullmarket going forward, I'm not a trader as most of them never make much money over time or get rich like some I know.

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