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User Info If a big recession is coming (starting), what's your ad; entered at 2007-12-02 10:16:05
Swingtrader
Posts: 8042
Registered: 2007-08-12 United Oligarchic Goldman Sachs States of America
Cantom wrote..
I agree Ciga. I also agree with you getting out of pm's and wish I had too.


To be clear, I didn't get out - started shifting out -

The reason I started shifting is what some here might call money management - I simply had too much of my assets in PM - quite simply I was overbalanced.

I also think that anybody who has all of their trading/liquid assets in one place is foolish.

I'm hopeful that I can make more money short-term in SKF/SRS than in gold

As a percentage of your portfolio -I don't believe that gold/silver are bad except possibly short term - I think gold/silver will be good long term and a good long term hedge.


As much as I respect, believe in and have faith in KD, Karen, Gmak and others here - they generally take a traders view - which is not necessarily my goals - Plus, they could be wrong _big grin_ , probably not - I believe they have a superb grasp of the situation.

Essentially, I am hedging my position and wish to achieve a market-neutral stance in terms of deflation/inflation

2007-12-02 10:16:05