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Message: The Good Old Days

The Good Old Days

posted on Oct 13, 2008 01:45PM

I remember the good old days when:

  • Gold would go up 2 or 3 days in a row
  • Gold would behave in Asia as it does in NY
  • Gold would go up as international tensions were high
  • Gold would go up as oil and other commodities were up
  • Silver would go up a higher % than gold
  • You could buy physical gold and silver and take delivery in less than 2 months
  • Gold and the dollar would move as inverse
  • The USD was setting 52 week lows ; not 52 week highs
  • Gold equities would reflect their leverage to gold and go up 2X rate
  • Gold equities would go up when gold was up and go up when the market was up
  • I couldn't afford a million shares of most juniors
  • Averaging down was a good idea
  • Backing up the truck was a smart thing to do
  • I wasn't afraid to look at the dollar value of my portfolio
  • I thought that the ideas of Schiff, Turk, JP were novel
  • My wife wasn't asking me how much money we lost today

We are entering a Brave New World. I sure miss the good old days.

SilverNut

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