Only have a couple of minutes so this will be short and sweet. One of my customers, a really nice guy we'll call Bob, owns a coin and stamp business just around the corner from my shop. We've conducted a few deals over the years to both our benefits. We're much alike in that he's very independent and not overly friendly with the government.
Unlike me though, his business can take in many hundreds of thousands of dollars a day, all within a room not much bigger than my office; gold you know....
He walks in yesterday and looks like death warmed over...pale. He'd lost weight. Asked what 'da heck was wrong with him.
Said, "Stephen, all my net worth is tied to the spot price of gold. Every nickel I own is on the line."
Me - blink, blink.
Then, I said, "Sell."
Without a moments hesitation he replied, "Are you crazy, and miss the top of the market."
Hey, what do I know...