metals what a joke, page-8

Well said SP,
could not agree with you more. as Jesse Livermore said ; " l made the biggest money by sitting" . l have given up trading commodity stocks long ago - no skill only luck involved. l have kept 5 - 10% of the portfolio in gold stocks - diversified companies, and mostly sat on them unless a t/o situation. Currently my biggest winner and l did not have to do anything! As Marc Faber says; " you only have to trade once every 10 years and sit on it" - just pick the right sector !

Gold has been shown to be the "insurance" for the general market, and we saw in the GFC that was mostly the case [ although everything got sold off for a time, didnt it? ]

It has been shown that most of the profit is made in a relatively few days on the market when the prices spike - miss them and returns are poor. when prices move up, it might look to be the time to sell, then it is also the time when prices can spike - cant afford to miss those.