Greed in the early days is fine but when it shoots sky high I would like to keep a level head. Its quicker and easier to sell going up rather than down. Especially when liquidity and depth dry up. Although gold went down slow enough after 2011. Perhaps a wait and see approach could be worth the risk of 250k. Perhaps it depends on what price CBA is at. 25 and I sell and buy CBA. Then I wait for MQG to hit 15 and I sell and buy MQG. Its my master plan. One day I will join skol and Johnny.
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Gold target US$4,700 by 2016, page-13
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