Thoughts on Markets

Wednesday, December 08, 2010

Buying Opportunity! I'm buying GBG.


Both silver, gold and the general market are correcting. 

For how long and for how much? This is the unknown, but I am buying GBG today.  

I have bought at 2.77 and have orders in at 2.76 and 2.75. My buying has been in small bites.

Miners from

Currencies from Kitco.som:

Some Prices: FVITF  4.20; BULM 1.25; OLVRF 1.3254; GBG 2.80; DOW 11341+ down 18.32; SPX down 1.50 to 1222.25; Gold down 24.50 to 1376.20; Silver 28.12 down 0.53.

If the correction continues, the buying opportunities look good for me. You must weigh your portfolios and resources to make your own decisions. One of the these corrections will be the last one before the Gold Rush. Only the Lord knows the exact timing. I make the guesses and pray to Him for the results after committing the plans to Him. 

Best to each, Doug


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