Realcent.org

http://jlfmi.tumblr.com/post/137312573020/gold-stocks-hit-lowest-levels-ever

beauanderos wrote:http://jlfmi.tumblr.com/post/137312573020/gold-stocks-hit-lowest-levels-ever

Happy New Year OB...........a-yup...sure is....batten the hatches, and you be safe, your YB.

One day these spikes in PM prices are going to hold. I just keep accumulating phyz when the price gets slammed. It's really all there is to do. I would stay far away from PM/mining stocks, no matter how cheap they seem to be.

Cu Penny Hoarder wrote: I would stay far away from PM/mining stocks, no matter how cheap they seem to be.

Since I can't do much in the way of meaningful trading within my measly 401K, I play the gold miners with NUGT and DUST.
Whenever there is a significant spike upwards (15 to 30% over the course of a few days) I will sell my NUGT and buy DUST. Wait
a few days for "them" to pull gold spot down, and then sell the DUST and reposition into NUGT. Started December with 19
shares of NUGT and have built that up to 120 after about five round trips as described above. Playing the volatility, since you know
any spike will get hammered back down again.