Loading ...Buygold, I feel the same, although over the years I have diversified into stock funds, and bond funds in closed end funds that trade like stocks but have characteristics of mutual funds. The strange thing is stocks and bonds have been selling off too! Very difficult times for conservative investors. In fact, although physical gold is down, I think its doing better than the s&p 500 and the 10 year bond. CD’s and money market funds are currently the best. I’m holding my fizz, but haven’t added to the pile in a long time. The few times my mining stocks were above cost I would get excited and think this is finally it- and then down they go. I made a personal vow never to buy another mining stock ever! And if the ones I hold go back to even- get out and I only buy something with a decent dividend. Also, I sell a mining stock for capital loss too- this year was MUX. Last year was GPL and AUY. Maybe AUY was the year before. I look forward to having zero mining stocks in my account. Sometimes I will look at 321 GOLD and yes, there is almost always an article proclaiming the mining stocks are about to take off.
How about the great silver squeeze? Silver would shoot up like gamestop! Never happened. I agree about the ego, too. Definitely! I’m glad you survived the hurricane! Aloha fellow tenters, Diamondhead