- 415
- 219
- Joined
- Oct 31, 2002
I picked up another 1000oz this week from a guy in need and got it at 39, because I had the cash and he needed it, turned around and sold it at spot at 40.15. Made over 1K in about 2 hours. Anyone that plans to hold for the long haul doesn't understand the markets, the precious metals will drop when the government decides it's time to drop them. It may be one of the most controlled markets in the world. The government can ruin any of the big holders with the click of a mouse. And to many I'm a big holder with nearly 500K between gold and silver, and i feel like a small time guy. I have been holding and trading for the last 10 years, and have made enough to pay off my house my cars, and live pretty comfortably. And have still maintained a constant stash that is equal to many retirees entire nest egg, and I'm doing it in my late 20's. Being smart in any market will make you wealthy. I'm slowly moving to all rental properties, bringing in positive cash on a monthly basis is doing great for me