Strategic investments are made for the long run and with no intent of short term gains or concern of short term fluctuations. This kind of investing is based on buying undervalued and unloved assets and holding them for a very long term. This is what we did with gold in early 2002 for our investors and ourselves. Having come down from $850 in 1980, not only did gold represent incredible value at $300 in 2002, but it was also the best insurance possible against a financial system which was turning increasingly unsound. Sixteen years later we are still sitting on our gold. We have seen a high of $1,920 in 2011 and a low of $1,050 in 2015. Have we ever been tempted to sell the gold? No, not for one second. We would rather buy more than sell an ounce. We will patiently hold the gold until one or more of the following events have happened: The financial system has been miraculously restructured and debt has vanished – IMPOSSIBLE Major sovereign nations are running...
from GoldBroker.com https://www.goldbroker.com/news/gold-holders-centennial-opportunity-1316
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