...as opposed to the inflation/deflation pondering, safety promoting newsletter writer. Here some thoughts:
1) I am becoming wildly bullish the gold stocks now that we are spiking toward 220. We'll let the dust settle this week and in this weekend's letter I will review why in detail.
2) I am not bearish on the stock market from this level. 'Not bearish' does not mean actively bullish however. At least not yet.
3) I have not lost my mind (I don't think).
4) I am seeing too many articles mentioning things like nuclear war, martial [thanks for the typo catch Otto] law and the like. I am not saying things do not suck hugely. I am saying good bottoms don't come about without stuff like this.
Did I mention I am becoming bullish the gold stocks? Maybe the trader bit in the post title is a misnomer because I am not planning to trade much. I think that quality gold stocks will be the buy of a lifetime shortly (and seen as such one day in the rear view mirror). I am greedy now. I am getting pummeled on what I hold and I am greedy for more. Much better to be greedy when you're in a muddy trench with bullets flying by your head than when you're king of the world.
As I always say, each individual must do what suits their comfort level. I have been ready for this and know what to do to suit my needs. In a few years this will all be seen in a different light I believe.
I will see if we can't come up with a good stock or two for next weekend's NFTRH.
