DO NOT DESPAIR! WE WILL BE O.K. LET SEE THIS THREAD IN 2 YEARS TIME FROM NOW!! Hopefully we will be laughing when silver pass the $150 an ounce. OOPS! this is a Gold discussion!
Platinum is a play on chaos for me. I don't really believe it will survive a depression due to its mostly industrial uses. But it might just work out somehow or may rise up after it's all over, so having a few oz's doesn't hurt. I stopped buying gold as soon as the POG passed $1600 a few months ago. I felt it was being pumped up too much and still think it's got too much padding (in terms of GSR). The likes of JPM and GS ruined it. Right now silver is a great buy. When gold loses it's padding, I will put it back on my buy list.
My strategy now is the opposite to yours: I'm not interested in buying any additional gold for the foreseeable. The latest silver dip was pretty large, but I don't mind 'cause I'm thinking longer-term. This stuff is all noise.
Talking about gold check out my for sale post for 1/4 oz lunar rabbits if you did want to buy some mate. Hope it's ok to mention that here. Am a noon on here but years on eBay.
