Now that Bernanke was the dove of doves - I heard a commentator this morning say, "They don't call him Helicopter Bernanke for nothing" the air has been cleared for gold to start making a major move and for quality gold equities to offer serious leverage from their currently obliterated prices.
It's much safer in my opinion to enter gold equities in the current scenario that exists today, even if paying 10% or so more than yesterday, than entering recently, riding them down and then risking a further smashing if Bernanke decided to taper last night or sounded hawkish last night.
I recall someone questioning my credibility the other day.
The aim of us all here is to successfully invest or trade imo.
That does NOT mean imo being 100% invested in physical gold or 100% invested in gold equities 100% of the time and then complaining day after day after day as you stubbornly ride down an 80% and more melt down in your precious metals equities using the false logic that "If you believe in the gold bull you have to be fully invested all the time."
