A Word on the Psychology of Investing

Being an investor can be one of the hardest things to do. When you want to give up on an investment and throw in the towel, it often begins to rise, and when you are cheering it is making new highs and want to buy more, it can experience a sharp decline. It’s called “contrarian” thinking to do the opposite that you’re comfortable doing.

If investing was easy, everyone would be rich.

That doesn’t mean you shouldn’t do it. Just know that pa tience is golden. Silver and gold have been trending sideways for several months. The good news is cycles are about to turn up for precious metals, so the plane has left the gate and is headed to the runway. Hold tight and know that long-term, you have the only true currency that will maintain its value.

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