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HowToBeatTheSystem

09/25/14 11:21 AM

#27464 RE: BDkeg #27461

I'll agree as the "Metals" sector is just a side investment or hobby for me as it is also a very difficult sector to predict regardless of the charts but I'm ok with it I've got a nice little starter position at what I feel is a decent undervalued price so i don't fret on what it does from day to day, I'm patient so I don't expect things to change overnight I just like to read headlines and post topics of interest, especially the political ones, Trust me if I had to make a living playing this sector I would probably have no hair but it doesn't matter to me what the market does as I short stocks and do options and I trade all ways that's my particular strategy so I can make money no matter what the market does, i learned a long time ago to never limit yourself or just seek one stream of revenue or trade just one way, it's plain and simple for me, multiple strategies leads to multiple streams of revenues and incomes. I actually pay more attention to the gold-to-silver ratio's more than anything because i'm like a kid in a candy shop sometimes to me it's just fun, as of now it's 69.4 I'm hoping for the ratio to hit the 70's. It's amazing how much flack i've gotten over the past couple of years and people chiming in on this particular strategy but what's even more funny is why those same people have watched their investments sink day by day or hold a stock sitting waiting and hoping for it to go up one day because they only use or implement 1 strategy I have more than "Tripled" my bullion without spending one single penny, i keep my trading pieces seperate from my investment bullion, not to mention i grabbed "puts" on 2 different stocks and am short 1 right now. Everybody has their own plan and strategy and to each their own. Sometimes you have to think like a crook, the very ones that are manipulating it because they, like us, want to purchase as much as they can for as little as they can so they can prepare and control their countries future and this takes time and a tremendous amount of money. I heard the same thing years ago in Bank of America stock, LVS, and others and waiting patiently for multibaggers and even sold some early that i shouldn't have but you live and learn, but who can argue with any multibagger but as those companies started to turn the corner and the trend the sentiment started to change, i've seen many investors bash a stock or the sector or someone's price entry point but it takes time, but if it goes to $14 in which i am sitting by just waiting to see if it does I will load the boat like you have never seen and if it doesn't and it turns before then then good as i already have a position, as an investor you "Always" prepare for the unevitable even if it never happens, just like a military, every country prepares in case of something was to ever happen but just imagine what could happen if you didn't. Better to be Safe than sorry...