A question for Russ...

perro · January 18, 2004 11:25PM

You very recently said that now is the time to hold, hold, hold. On the Gold is going down thread, most believed it's going down & the upward trend is over. Given the events of Gold & Silver last week, does that change your mind at all?

perro · January 19, 2004 8:03AM

TTT

Deadhorse · January 19, 2004 8:21AM

I wouldn't pretend to be Russ, but what makes you think that most people believe gold is going down?

Every cycle has it's ups and downs and profit takers will stall upward cycles.

On the contrary, most knowledgeable people believe both gold and silver are just starting into a long bull run. Not only would I hold, I'd buy.

No, I don't mean stocks, I mean the physical metals.

perro · January 19, 2004 8:39AM

I agree with everything you say. You see, there were a group of people on a thread about Gold going down. I argued vehemently, based on history, ecomics, & current events that Gold will go up still for a long time. I said that just because gold & silver burped for a few days, it doesn't mean that it's all over. All of the economics and the whole equation of all that is going on point to Gold taking a big run. So I with you. You're preaching to the quire! You misunderstood my post to Russ. I merely meant that many on this thread mostly said down. Russ collects silver and I merely asked him if the $30 drop last week changed his mind about silver going up--that's all.

TWQG · January 19, 2004 10:24AM

<< <i>Russ collects silver and I merely asked him if the $30 drop last week changed his mind about silver going up--that's all. >>

-inquiring minds want to know.

Russ · January 19, 2004 10:29AM

Sean,

Frankly, I don't have a clue what this guy's babbling about.

Russ, NCNE

perro · January 19, 2004 10:59AM

Russ are you saying I'm the babbling one? Some days ago, there was a thread and the topic was silver.

At one point you said in regards to people thinking silver was going down. You replied a reply that explained some things (I can't remember), but at one point in your post you said that you felt siver was going to continue to trend upward, and for sellers (I think) you said
Hold! Hold! Hold! I remember the words because it was something I was thinking about as far as some sales go. Then there were other posts When people discussed whether or not gold was going down and most thought the $30 or so drop in gold recently was the beginning of the end of Golds upward trend. I wrote this post merely to ask if it affected your opinion about Silvers upward trend. (cuz silver & gold tend to chill out together up & down)

That's all. It is possible that it was another poster, but I thought it was you. If it wasn't, please forgive me.

Russ · January 19, 2004 11:04AM

<< <i>but at one point in your post you said that you felt siver was going to continue to trend upward >>

I have never once said that I thought silver was going up.

<< <i>Russ are you saying I'm the babbling one? >>

Yes. See above.

Russ, NCNE

perro · January 19, 2004 11:06AM

OK, sorry--I remember the writing of it by someone respected on this board. I thought it was you and was mistaken. so it goes. It was someone else on the board.

kyleknap · January 19, 2004 11:07AM

The thread in question

A question for Russ...

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