I have no wish for more money than we have. We have more income than we spend and we live in a high cost area near the beach. Our income is in very safe pensions indexed to the gov’t so-called inflation index. My buying of pm stocks on these periodic slamdowns is simply because I can’t pass up a bargain sale. And also because I am outraged that they are not allowed to trade in a free market.
We were out of pm’s for nearly a decade until recently. We are more retired now than in the past and so do very little trading. Occasionally though a deal comes up than can’t be passed. If we get a substantial rally the positions will be sold. If they fall too far under water we will sell.
aurum