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Platinoid
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Gold: Will It Drop to $1,000 or Was the Bottom Formed this Summer? - Toby Connor - Gold Scents

For those of you buying metal, all I can say
is that with a disciplined Dollar Cost Average plan,
a price of $1,000 or so would be a great opportunity
to buy gold.

I view the premiums paid on gold and silver over the last
5 years as a form of insurance cost. DCA really helps the
accumulation evolution going, without massive fear or
pressure to sell when prices drop.

DCA protects you from over investing when we see the prices go bull and spike.
The discipline is to continuously accumulate, regardless of price, but
manage the outlays.

There is a great paper accounting headed our way eventually,
so have faith, DCA and hold, and welcome the torpedoes as an
opportunity to increase holdings.

By the way, silver is moving between 55-60 to 1 to gold, that
means it is a fairly decent historical spread, check the historical ratio charts,
again, DCA, all the way.

Commented 3813 days ago

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Beginning of the headline :By Toby Connor, GoldScentsThe blogosphere seems to have gotten the idea that I am predicting $1000 as a sure thing. Nothing could be further from the truth. I've said many times in the past that I think there are parties trying to push gold to that level. Will they succeed is anyone's guess, but I think they are clearly trying. I also believe that the bear market this past year was an artificial and manufactured move. I've been very clear. On Sept 3 I recommended everyone exit all long positions... Read More

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