“It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I’ve known many men who were right at exactly the right time, and began buying or selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine–that is, they made no real money out of it. Men who can both be right and sit tight are uncommon.”
Sitting tight with the miners and metals the past 2 years hasn’t worked out that well. I would have expected more out of the pm complex but from what I have tried to get in my head over the years is that when something is supposed to happen and doesn’t then get the hell out and quick.
DYODD. You are solely responsible for your own positioning.
The “acceleration” phase that I anticipated a few weeks back, hasn’t arrived yet. Its still could. We’re likely just dawdling here until after Labor Day.
And for the record, R posted some seriously informative quarterly charts in early July (but not for silver?). Seems like I’m the only one who focused on those, R included.
Those will drive my baseline views for quite a while longer.
“It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I’ve known many men who were right at exactly the right time, and began buying or selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine–that is, they made no real money out of it. Men who can both be right and sit tight are uncommon.”
? Edwin Lefèvre
Sitting tight with the miners and metals the past 2 years hasn’t worked out that well. I would have expected more out of the pm complex but from what I have tried to get in my head over the years is that when something is supposed to happen and doesn’t then get the hell out and quick.
“led us”
DYODD. You are solely responsible for your own positioning.
The “acceleration” phase that I anticipated a few weeks back, hasn’t arrived yet. Its still could. We’re likely just dawdling here until after Labor Day.
And for the record, R posted some seriously informative quarterly charts in early July (but not for silver?). Seems like I’m the only one who focused on those, R included.
Those will drive my baseline views for quite a while longer.