Like i posted a few posts back. I think you can not go wrong at this price
if you are willing to wait. I would not be worried about a roll back. What concerns
me right now is the price of gold. I think that gold is going to take a beating.
I think its just started and i think it will be hard and fast. Why ?
The USA housing market has grown 6% from a year ago. Greece is slowly working
out their debt issues and WHEN the USA gets a new tax plan for 2013.(they will)
gold will get clobbered. The smart money knows this and that is why you are seeing
a sell off across the board. You can just feel the market slowly turning around.
I could easily be wrong but the basic rules of trading gold may not happen. If the
Republicans get their #hit together, and the two partys can work out a deal, then i think
we will see a very very nice ralley. It might even do the job to get some of the trillions of
dollars on the side lines back in the game. Problem here is that people will be getting
back ino the US dollar and you know what that means.I just think that if you think that
gold will still go up then the price of LSG right now is a great price. Its my opinion that
gold is in for a #hit kicking!!!!!