folks, you still remember i told u not to diversify but to buy just the 'right' securities, do u? well, diversification makes sense just 4 folks who DO NOT KNOW what's right and what is not, which is prolly true for the most folks out there on the financial markets :-)
i wanted 2 tell u about the all-time-high in my gold-silver-commodities investment account already 3 or 4 days ago but couldn't find any time 2 do so. well, as the gold/silver price continued to move further upstairs, so did my portfolio :-). even today reached 20 out of my 123 positions their 52 weeks highs and few others are not far away from their yearly highs as well, most of them are commodity stocks, of course :o). could it be that it's the end of the game now and it's a time to sell everything? i don't think so as many of that stocks are still significantly below their summer 2008 levels, which was, of course, before that damned crashy october 2008 (pls, pls never come back!), so there is still some hope and still some space for some further increase, i believe ... so let's use the famous dow-gold-ratio 2 determine when is the right time to sell :-)
i'm not sure if we will see an inflationary rally in price of everything besides the soooo weak USD or just an inflationary rally in gold / silver / hard assets / commodities and a crash in financial (paper) assets soon? hmmm, there is so much damned paper money out there, isn't it? it is not like the damned dreams-destroying october 2008, is it? but anyway: good-bye fiat money, good-bye corrupt governments, good-bye small dirty central banks! GO, GOLD BUGS, GO !!!
i wanted 2 tell u about the all-time-high in my gold-silver-commodities investment account already 3 or 4 days ago but couldn't find any time 2 do so. well, as the gold/silver price continued to move further upstairs, so did my portfolio :-). even today reached 20 out of my 123 positions their 52 weeks highs and few others are not far away from their yearly highs as well, most of them are commodity stocks, of course :o). could it be that it's the end of the game now and it's a time to sell everything? i don't think so as many of that stocks are still significantly below their summer 2008 levels, which was, of course, before that damned crashy october 2008 (pls, pls never come back!), so there is still some hope and still some space for some further increase, i believe ... so let's use the famous dow-gold-ratio 2 determine when is the right time to sell :-)
i'm not sure if we will see an inflationary rally in price of everything besides the soooo weak USD or just an inflationary rally in gold / silver / hard assets / commodities and a crash in financial (paper) assets soon? hmmm, there is so much damned paper money out there, isn't it? it is not like the damned dreams-destroying october 2008, is it? but anyway: good-bye fiat money, good-bye corrupt governments, good-bye small dirty central banks! GO, GOLD BUGS, GO !!!
3 comments:
Hiya Jaro,
Hope you're still holding Orko Silver ;-)
I came across another junior that's also in Durango State, Mexico and they released some pretty decent results.
(check my latest post on my blog for the details http://orkosilver.blogspot.com/2009/10/orko-silver-chart-october-14-2009.html)
Looking at the chart of Excellon some very decent volume traded and looks like most of the shares were bought around an average of 0.60 which looking at what they have in the ground is cheap!
This thing is bound to go up in the coming weeks and months ahead.
You however know that trading carries a risk, I do not give trading advice, bla bla bla...read the disclaimer :-)
so...make up your own mind on that. Just thought you'd like to know.
You can thank me in 2010 :-)
Good luck with your portfolio Jaro.
Talk to ya soon.
excellon? i hold them since 2005, i think ... but this week my position moved in the winning zone again :-)
thx + also good luck,
jaro
btw, orko is still somehow slow in increasing shareholders value, isn't it?
Hey there,
I'm almost looking at return at my investment from Orko.
But yeah, some things move faster. However, plenty of releases yet to be made by Orko or Pan American so there will be plenty to come.
I'm already glad they managed to finally got rid of being a penny stock trading under 1.00
At least, that'll have to be seen. I have faith though.
cheers
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