• Sweet

  

  9

  Re: Another time to buy?

  Sun, June 15, 2008 - 5:06 PM

  so did you buy? I'm still on the fence for now..seems like there are 2 prevailing camps on the correction. One says it ends this month, the other in Sept... hmm
  
  By sept. gas will be about $6.25 in CA, which could be a major factor

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• • Kurt

    

    19

    Re: Another time to buy?

    Sun, June 15, 2008 - 9:07 PM

    I did not buy. I'm still watching it, and I think that the $POG may decline a bit more on Monday. If it does not, it will still be worthwhile to wait out this current downtrend. I'd thought that it was already over, but it seems to have gained some new life.

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  • • Sweet

      

      9

      Re: Another time to buy?

      Mon, June 16, 2008 - 8:20 PM

      well, there's always this possibility to consider -
      
      www.safehaven.com/article-10533.htm
      
      I usually hate Nichols because he always says something I don't want to hear, but he ends up being right in the end.
      
      hmmm..

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    • • Kurt

        

        19

        Re: Another time to buy?

        Tue, June 17, 2008 - 11:48 PM

        I think that the $POG may still have some falling left to do.
        
        I'd thought that the downtrend was over, but that seems to not be the case now.
        
        I'm still being patient.

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      • • Sweet

          

          9

          Re: Another time to buy?

          Mon, June 30, 2008 - 2:49 AM

          what do you think now? It just went up $15 while I was playing video games..

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        • • Kurt

            

            19

            Re: Another time to buy?

            Mon, June 30, 2008 - 1:49 PM

            I doubled my position (to 200 ounces of gold) on Wednesday, just before the price started rising.
            
            I'd be delighted to see it go to $1,050 again, and then drop again :)

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• Kurt

  

  19

  Re: Another time to buy?

  Thu, August 28, 2008 - 6:26 PM

  I think we hit a bottom on August 18th. Maybe not a price bottom, but that was when the efficiency indicators hit bottom.
  
  I made a low-confidence buy (100 ounces of Palladium) on Thursaday.
  
  I made a high-confidence buy today (200 more ounces of Palladium, 30 ounces of Platinum and 1,000 ounces of Silver).
  
  My indicators tell me that gold is not the best thing to buy right now.

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• • Kurt

    

    19

    Re: Another time to buy?

    Wed, September 10, 2008 - 8:43 AM

    I was obviously wrong.
    
    I've closed out those positions today at a loss.
    
    Time to stand aside and look for the bottom....

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