Sunday, September 25, 2011

"I'd rather be a year early than a day late..."

"I'd rather be a year early than a day late..."

Chris Martenson, 6/16/2009

I think it's important to get in the game, the bull market for gold and silver, instead of trying to time buys microscopically.

Waiting too long can make what Chris said come true.

For example, I'm in the black on everything I bought earliest, regardless how poor my timing and/or my luck was.

I believe getting in has to be the first concern generally but especially right now with manipulation maximized because its days are numbered because buys will soon be increased by China.

We now know from experience and reporting that China has been slowly buying gold and silver for the last 10 years and prices have gone up despite manipulation, but now China is soon to make all gold and silver buying totally computerized from individuals' and businesses' personal computers.

So what's happening now at the end of the third quarter of 2011 may be the last great attempt to make obscene profits and scare out longs with savage selling.

And longs are learning from the multi-year experience to ride out the price drops and/or buy into them, but not to be scared out.

So I'll leave longs with the quote I started with so they don't get too cute with timing buys since after all this is the "mother" of all gold and silver dumps as China gears up to buy more gold and silver:

"I'd rather be a year early than a day late..."  

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