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First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

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Message: Being concerned... Goldenrule... a comment

Being concerned... Goldenrule... a comment

posted on Oct 23, 2007 07:57AM

For my 2 cents, no one needs to be apologetic about "being concerned."  In fact, when the individual investor loses that side of the investing equation, then he/she can get themselves into a lot of trouble.

When I was at the Cambridge conference yesterday, I saw Peter Grandich, the big US goldbug.  I also saw him on Business News Network (BNN) last night.  He stated two things that I think are important: speculation is in fact gambling, and the US is in "deep-doggey-dodo".

On the first point, playing in the stock market is risky!  Have no doubt about that.  When your passions overrule common sense, you're courting disaster.

On the second point, when SPIDER hits your exit points, sell some.  When our big neighbor to the south goes for a crap in the next 24 months, make certain you have locked in your profits.

Just some thoughts.

Snug

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