Anyone who has followed this blog for awhile now knows that I don’t like to get caught up with calling absolute market tops and bottoms. I’ve argued that as investors, we should always be cognizant of where we roughly are in a cycle, but there’s absolutely no way for anyone to know definitively.
So, when assets are cheap, I go into full throttle hyper-accumulation mode. When the merchandise is overpriced, I simply leave it on the store shelf… So far in life, this strategy has served me well.
As it pertains to precious metals, well, I’ve been [continue reading…]