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Thursday, May 1, 2008

Don't let the Gold and Silver Price Take You Out

Jesse Livermore said there were three key elements to success in a bull market, Timing, Money Management and Emotional Control.

Look closely at the silver price chart to the left, now without being emotionally involved visualize where the best places would be to buy silver over the past 7 years. Is it a the peaks where you feel most excited? NO, Is it a month after the silver price had a sharp sell off? YES

Now ask yourself is the BULL market over? if Yes, take your money and run , and DONT LOOK BACK. If However you feel we are entering into a highly inflationary time where all global currencies are FIAT and we have years left in the Bull Market to go, you are entering an ideal time to Buy Silver and Gold.

I have studied Jim Rogers, and Jim Sinclair for hours, they have done all dirty work on the fundamentals and their thesis is published for you to analyze. Conclusion BULL market in Precious metals are far from over.

What you don't want to do is put yourself in the position where you buy strength and sell weakness.

Jim Sinclair participated in a great interview with Chris Waltzek from Goldseek Radio.

Think carefully about this important message Jim makes.


Jim Sinclair 1:11 approx
http://radio.goldseek.com/

Chris W:
You discussed the dangers of leverage in the precious metals markets while promoting cash investing, I want to give you a chance to talk about why.

JIM S:
"The majority of people couldn't stand what went on in the last month in gold, You know..they would see their life passing in front of their eyes, they would be terrified of their investments ...emotions would take them out where? Directly on the BOTTOM! -- UP it goes in they GO-- Before their finished they got no money so when you speak to many people you have a responsibility and the responsibility is sort of like don't yell fire in the theater. You don't have to have a ton of gold , A little goes a long way, Its an insurance policy."....

"GOLD IS INSURANCE when you start putting leverage on it you are a speculator...go speculate in GOOGLE, leave GOLD alone!"


A very easy and fast way to Buy Gold and Silver Bullion Online.





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