Another fledgeling leaves the HPC nest to join GEI
Only signed up to HPC on Jan 08, so have nothing like the same contribution some of the others have brought to the forums.
I had a lurk on here on one of Dr Bubbs topics a few days ago (linked from HPC) and looked very interesting.
My 2 pence worth this that I think we will see a pull-back after gold breaks $1000 - which will almost certainly be this week.
Its a massive psychological barrier, it may have to break it a couple of times to gain support before we can start posting the rocket pics !
Just look whats happening with Oil at around $100.
I am looking to increase my Gold investment, which is currently at around 10% of my portfolio (7% physical, 3% GM).
(Also have about 5% Silver, which I want to increase to about 10%)
Would love to do it now, but want to wait to see what the support is like on the business end of $1000
Was thinking of increasing to around 20% if we see $1050
Is this a daft idea and I should just get in now???
The only good thing about HPC was the anti-goldbugs who added some 'balance' to the debate
I hope we have one or two here to add reasoned debate to this forum
Cheers,
Lloydie