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Re: popeyej post# 13527

Thursday, 03/20/2008 6:32:52 PM

Thursday, March 20, 2008 6:32:52 PM

Post# of 15261
$50,000...ouch. But I know you're long-term, so your day is still to come. I'm trying to look at it as a buying opportunity. It's roughly 20% down from its recent highs already, and hopefully it can drop another 5% so I can load up. Even if that's not the bottom, it should be close enough. I can't see it breaking 15 as then we're talking a 30%+ drop (but hopefully I don't eat those words).

You're right, gold and silver had a great run. Now that we're getting this huge drop out of the way, it should be all set up for another nice gradual rise in prices.
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