Thoughts on the metal market
As gold prices continue to rise, questions rise as well.
The obvious questions and my answers.
Bubble? Obviously. How high? Remains to be seen. Buy? Seems Risky. Sell? Profit is a good thing.
Food for thought in deliberations on these matters- "Sell high- buy low." "You make money when you buy (not when you sell).", "Pigs get fat hogs get slaughtered."
Finally I prefer buying or selling incrementally rather than attempting to call highs and lows.
Below I have enclosed links to recent illuminating news.
Please help me by forwarding this to friends that would find it of interest.
Reuters Tue Aug 16, 2011
The Wall Street Journal 8/18/11
In Forbes 8/18/2011
I include the last with the thought- mathematical musings lack anchorage to the events that actually shape these processes. However, it must be remembered they are highly seductive predictors to the believer, and an important driving force in all this mayhem.
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