Even gold investors get the blues

An email that would scare you spitless if you understood it

Yeah, dude, treehuggers are all horrified that these companies have all this land, and I'm drooling all over my keyboard looking for HOs that I hadn't seen before...BTW, that Volcanic Gold is a Montana play, ~10m shares (m/c ~$300k), run by the same guys that own California Engels, and somebody keeps selling 100 share blocks at 3 (last 3 days running). I've got a little bit (bought at 2.5 and a little @ 4 just to test liquidity). I'm not big on Montana, but it's one of those that's too bargain basement to pass up. You know me, always a sucker for a cheap HO.

I just sold outta IDAM, too... bought at 2&3, sold at 5&5.5. That's ANOTHER pos that's not going anywhere but is worth owning when it's cheap. Who am I kidding? It's never worth owning, but it is nice to make $500 with very little effort...

On gold, I sure don't hope that was our correction...I've got some warrants off 20% and dude, that's not a correction. I've got no worries that gold's going to top the old high - it's already topped the meaningful old high - but this straight up stuff worries me. That means bad, bad things are coming our way. Guess that's what all the preparation's been for.

I want an orderly market with bigger swings. I mean, what's the point of taking profits if you never get the chance to re-invest them on the cheap? I'm not complaining, I guess, just getting used to the fact that waves may be $140 up and $20 down all the way to the moon.

But the dollar's at 83.6, falling off a cliff, and a trade deficit that's ~90% of the all-time high is being touted as good news. I don't see gold going anywhere but up, but I've gotta say it still scares me a bit. It's one thing to believe your own noise, but quite ANOTHER to see it unfold before your eyes.

Translation: even guys who are making a ton of money in the current gold bull market aren't completely happy about it...