Gold Fever

Right now there doesn't seem to be any "gold fever". Very few are out looking to strike it rich in this sector.

Way back when at Sutter's Mill in California the discovery of gold was accidental. One of Sutter's employees picked up a shiny stone out of the stream and suddenly the fever caught everyone. Gold fever is one of the most catching and dangerous "diseases" that has afflicted man since the beginning of time. Many have died or gone broke chasing this elusive element. We are about to see it happen again. The first ones to catch it usually do very well, but as the fever spreads to the general population the affliction mutates to fear of not getting their share and ends with disaster.

Those who understand the cycle of fear, yes, that is what it is, do manage to control their emotions and do very well. At first the logical, thinking people realize that everything is in place for a long term bull market so they mine (buy) early. As they continue to become richer and richer others see their success and start staking claims. Even these later comers do well as the hoard descends upon the gold fields and the early birds are happy to accommodate them by selling them part or all of their claims (stocks and bullion).

The early birds do not become emotional about their good fortune and do not become so attached to their mines that they refuse to sell. They have the good sense to realize that if they hold much longer there will be too many chasing this good thing so they sell. Every rich man in history will tell you that the secret of success is knowing when to sell.

Those who bought the original tulip bulbs from Holland and land in the South Pacific and saw the prices begin to erode and sold were the ones who remained rich. From 1982 to 2000 dot.com stocks made everyone think he was a financial genius. Those who had no exit strategy were buried in the avalanche of cascading prices for the next 3 years. It seems that many have not yet learned their lesson and are buying more of the same junk with the hope that it will go back up to the old high prices so they can get out "even".

Those who came late to the gold rush went home with little or nothing and most lost money. If you want to participate in the coming gold bonanza you must get started now.

Al Thomas' book, "If It Doesn't Go Up, Don't Buy It!" has helped thousands of people make money and keep their profits with his simple 2-step method. Read the first chapter at http://www.mutualfundmagic.com and discover why he's the man that Wall Street does not want you to know.

Copyright 2005

tidy up service Glenview ..
In The News:

New Android malware BankBot YNRK silences phones, steals banking data and drains crypto wallets automatically. Learn how this advanced threat works.
FDA approves first human trial for Paradromics' brain-computer interface that could restore speech for paralyzed patients through neural technology.
New phishing platform QRR targets Microsoft 365 users across 1,000 domains in 90 countries. Learn how to spot fake login pages and protect your accounts.
OpenTable now uses AI to track your dining habits and share insights with restaurants. Learn what data they collect and how to protect your privacy.
Google's discontinued Nest thermostats still secretly upload home data to company servers despite losing smart features, raising serious privacy concerns.
New Android malware NGate steals NFC payment codes in real-time, allowing criminals to withdraw cash from ATMs without your card. Learn protection tips.
DoorDash confirms data breach exposing customer names, emails, addresses after social engineering attack. Learn how to protect yourself from scams.
Concerned about Google's AI scanning your Gmail? Learn how to disable Gemini features that access your emails, Drive files and Chat messages for privacy.
Google warns Android users about dangerous fake VPN apps hiding malware that steals passwords, banking details and personal data from phones and tablets.
Apple's digital passport feature lets iPhone users breeze through TSA checkpoints this holiday season using Digital ID technology at 250+ airports.
A new phishing scam targets family photos with fake "Cloud Storage Full" alerts. Criminals steal credit card information through fake sites. Learn protection tips.
South Korean scientists create ultra-thin fabric muscles that turn clothes into robotic assistants, lifting 33 pounds while weighing under half an ounce.
Archer Aviation has acquired Hawthorne Airport for $126M to launch an LA air taxi network ahead of the 2028 Olympics, featuring AI-powered eVTOL operations and next-gen aviation tech.
Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.
Fake AI apps disguised as "ChatGPT" and "DALLĀ·E" are flooding app stores with dangerous malware that steals data and monitors users without detection.
Fake buyers demand specific vehicle reports from unknown sites to steal credit card information from car sellers, but warning signs can help identify these scams before paying.
Android users can now manage apps across multiple devices more easily with Google Play Store's updated remote uninstall button in the latest update.
NASA's Perseverance rover discovers shiny metallic rock on Mars that could be a meteorite from an ancient asteroid, containing high levels of iron and nickel.
Holiday scams spike during Black Friday and Cyber Monday as criminals exploit your leaked personal data. Learn how to protect yourself from fake stores and phishing.
Commerce Department proposes TP-Link router ban over Chinese security risks. Learn how this potential prohibition could affect your home network and devices.
Hyundai AutoEver America suffered a data breach affecting 2,000 current and former employees, exposing names, Social Security numbers and driver's license information.
Washington court rules automated license plate reader images are public records, even when stored by vendors like Flock Safety, setting precedent for transparency.
Fake airline texts claiming flight cancellations are targeting travelers with convincing scams. Learn how cybercriminals steal personal data and credit card info.
Discover how iOS 26's new Adaptive Power feature automatically extends iPhone battery life by learning your usage patterns and adjusting performance intelligently.
New TikTok malware campaign tricks users into running PowerShell commands that download Aura Stealer, which steals credentials and authentication tokens.

The Secret Art of Backtesting

If you have not back tested your trading system, you... Read More

The Stock Market Doesnt Care if You are a Beginner?. Get Prepared to Succeed at Trading

Stock trading remains a very competitive field and the stock... Read More

The Three Little Pigs Went to the Stock Market

Three little pigs went to the market to stock up... Read More

Stock Trading - Daddy, Why Arent We Rich?

One Saturday morning, while he was sitting at his computer... Read More

Which Way The Market

I am hearing predictions by brokers, financial planners, talk show... Read More

The Elephant

Four blind men were asked to give a description of... Read More

Trade Stocks for Real

I read a comment by a forum member on another... Read More

Intervention

Intervention. Now don't let that big word scare you. The... Read More

Evaluation II

As I said in Part I everyone in the insane... Read More

Whitewater Stock Market

Ever done any whitewater rafting or canoeing? Long periods of... Read More

The Shadow

The Shadow knows. There used to be a radio program... Read More

Nest Eggs and Omelets

Do you have a nest egg? You know, a place... Read More

Hill of Hope

Just about now everyone is confused as to which way... Read More

Patterns

The Law of Chaos is the theory of random unpredictable... Read More

My Stock - Right or Wrong

We all know the expression, "My country, right or wrong",... Read More

Evaluation I

An insane person cannot evaluate an insane evaluation system.As you... Read More

Perfect Storm

Having lived aboard a sailboat for 2 years I was... Read More

The Big Bad Bear

The big bad bear is stirring again. So far he... Read More

Commoditizing the world

Let's discuss commodities; with the latest Enron situation, it is... Read More

The Inside Scoop on Mutual Fund Rip Offs

The bear market that showed up at the end of... Read More

More Window Dressing

Two weeks ago I wrote about what the Securities and... Read More

The Seven Mistakes All Novice Traders Make and How to Correct Them

We learnt the following the hard way! If any of... Read More

The Problem With Hedge Funds

Are hedge funds a suitable investment for you? Hedge funds... Read More

Parachute Investing

Ever jumped out of an airplane? It's OK if you... Read More

Expense Ratios

Mutual funds and brokers are always preaching not to buy... Read More

full-service cleaning Mundelein ..