Human nature being what it is...

renman95

...do you feel the need to buy more PM's as prices go up?

What is it about buying at higher and higher prices that seems so "normal" to J6P?

Is it the fear of being left behind?

dontippet

Yes, I do feel the need to buy more as the prices go up. I don't think it is a fear of being left behind, but I think it is a desire to be a part of something that is successful. The problem is that the success has already happened.

guitarwes

<< <i>The problem is that the success has already happened. >>



very true, but the long term is looking good even buying a little at these levels.

mrearlygold

No fear but I wish I had a few hundred more oz's

pmcollectour

I bought 2.5 ounces of gold when gold hit a top of around 1560 last month. Gold dropped 100 bucks the following week. I could care less
at the time.

Baley

The problem is that the success has already happened. >>

very true, but the long term is looking good even buying a little at these levels.


exact quote heard over and over in 1999 about technology and dot com stocks

No fear but I wish I had a few hundred more oz's

we all wish we bought more of our winning investing ideas and less of our losers

Bear

The next few weeks are a reaction to future uncertainty.

It might prove at some point in the near future

a good buy on gold. Not too sure on silver.

dontippet

In my opinion, that "urge" has nothing to do with the future. I don't know about you, but I have been more interested in buying in the past couple weeks at $39+ than I was a couple months ago at $33. The success of a 20% run just sucks me in.

DrBuster

Bought a couple hours worth of 90% Tuesday, debating going back today and doing it again. My 25-30 year plan could care less about a couple bucks up or down today or this month or this year. I guess I'm J6P...although my 30pack gut would say otherwise.