I have to say I agree with you, diggy. I fully and 100% believe that these down moves, no matter how bad they are and how much they make us wish we had waited, are going to be nothing but a blip on a parabolic graph when we look at it years from now.

If you are more interested in week to week or month to month profits, you'd be better off shorting financials. If you want income, buy some foreign Swiss bonds.

I am accumulating. If this gives me the opportunity to get my average down to 30 or 20 cents, you know what, when this thing is $3-4 a few years from now, I am going to be thankful.

Puplava, and I would say Peter Schiff, are the two people most responsible for initially teaching me WHAT WAS GOING ON, in the grand scheme of things. What inflation meant. What the Fed was really up to. That the NASDAQ and housing bubbles were not simply unrelated events. What the main event still coming will be.

I agree, he should be less specific with his predictions. He should stay away from his short-term "Oreo Theory" and "Dow to new highs this year" statements. But let's give the man some credit. He is one of the few people who have the big picture right. If we didn't believe that, we wouldn't be here today. But we are here. So why don't we act like we believe in what we've invested in? Did anyone here expect to buy this, have gold shoot to $2000/oz the next month, see this stock go up 10-fold, and call it a life? I expect that at some point, but whether it's next month or three years from now, I will have my position ready. If anyone here is so good at market timing that they can sell and buy back in at the bottom-- I wish you good luck! I know I can't.

Hysteria