GOLD 0.51% $1,391.7 gold futures

Absolutely right Fellow. Panic and lose. Panic has never worked...

  1. 1,544 Posts.
    Absolutely right Fellow. Panic and lose. Panic has never worked for me. It is almost invariably a gross error. Hard-headed decisions made coldly and deliberately work much better. I'm staying absolutely firm even if there is a further dip. I've made mistakes too and one was selling at exactly the wrong time through panic and buying at the wrong time through over-excitement! I try to reverse that now. With gold currently at $A1,452 and with huge demand in China and Europe for bullion, it doesn't seem to to me be the right time to sell vastly undervalued miners or near-miners. Some are the best value they have ever been.
 
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