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View Poll Results: Do you feel the FEAR?
Yes. Time to bail out! 1 7.69%
No, but not buying for the time being but as soon as spot goes below 1000, I'll start buying. 5 38.46%
No, still buying as per normal. A good time to average down! 7 53.85%
Voters: 13. You may not vote on this poll

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  #1  
Old 03-10-2014, 06:02 PM
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anlok anlok is offline
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Default Do you have the FEAR factor?

Hi all, testing GCA market grounds to see who's pessimistic/fearful of buying bullion. Gold and silver included BUT not numis as it's not highly dependent on spot movement.
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Old 03-10-2014, 06:07 PM
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fear in what sense?

fear in being rob? fear in wifey throwing my silver stash assuming they were trash?
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Old 03-10-2014, 07:09 PM
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Still buying as per normal monthly quota.
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Old 03-10-2014, 07:43 PM
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It is human nature to be fearful, especially if one is heavily invested at a higher spot price.

But now is the time to go shopping!
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Old 04-10-2014, 08:26 AM
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AgAu AgAu is offline
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At US$40+/oz people buy because of HOPE.

At US$17/oz people dont buy because of FEAR.

It is easier to sell bullion when spot is high.

This is the herd mentality at work. Applies for all market from PM, stocks to real estate.
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Old 04-10-2014, 09:00 AM
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Actually not buying for the time being. Not because of fear, its because already hoot finished all my ammo. Need time to replenish before I can hoot again. Hopefully the opportunity is still available by then.
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Old 04-10-2014, 09:46 AM
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Didn't see the poll when I replied...

I bought some at $1,200. Next target $1,100 provided if it reaches that after 3 months.
If drop too fast my next target is $1,000.

Still buying but not going aggresive. I am still a strong believer in $800 since there is nothing to push gold price up.
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Old 04-10-2014, 10:55 AM
VanGogh53 VanGogh53 is offline
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Quote:
Originally Posted by daniel.yrh View Post
Didn't see the poll when I replied...

I bought some at $1,200. Next target $1,100 provided if it reaches that after 3 months.
If drop too fast my next target is $1,000.

Still buying but not going aggresive. I am still a strong believer in $800 since there is nothing to push gold price up.
PM is an asset class. Like any investment, do your due diligence. You hear from video from "guru" that the USD will become toilet paper in 6 months, next year etc...This kind of talks have been going on several years. This is not to say it won't happen, but it won't happen so fast. Who knows? Can we protect our assets for retirement? I doubt so. We hear of "prepping" in the USA, and we do have a bomb shelter, and few of us will ever be prepared fully if it ever hits. So, I buy like a collection and enjoy my life in the meantime
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