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To: SeekAndFind

Wonder how long should one let his profits on gold run before taking a profit, taking some money off the table?


14 posted on 05/12/2010 7:53:36 AM PDT by bert (K.E. N.P. +12 . Ostracize Democrats. There can be no Democrat friends.)
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To: bert

It depends on your purpose.

If you are a speculator, I’d recommend cashing out half at the time you have doubled and let all the profits ride.

If you are hedging for TETOWAKI, then you hold and take physical possesion.


17 posted on 05/12/2010 8:00:31 AM PDT by NeoCaveman (we now live in a post-Obamapacolyptic world)
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To: bert

I took some profits in EGO today........


20 posted on 05/12/2010 8:02:38 AM PDT by Osage Orange (Si vis pacem, para bellum)
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