I blew it (kind of) I didn't heed Mr. Sinclair's advice NOT to buy gold shares on
margin. The last 2 days I got caught with negative margin and I
had to "dump" a little WRM, GSC and BGO to cover it. Lucky for
me I had well over 100% profit on those babies when I sold off.
so I really cannot complain too much. Too bad I didn't have
more cash on hand to pick up some more GIT and BGI, when
the prices were way down. I watched with major frustration from
the sidelines knowing I was missing a HUGE buying opportunity.
I think I have learned a lesson. My advice - Careful not to have too
much margin purchases of anything, especially when share
prices are rising and things are looking almost too good to be
true. I just got too complacent almost assuming that prices are
going up in a straight line. Good Luck to all long GIT holders.