What Does A Precious Metals Bottom Look Like

I know what it feels like, and it feels so bad I don’t want to even open up my brokerage accounts to look….but I do….I don’t want to look at charts…but I do…. One thing I do when it gets like this is buy physical metal and I did. I even spent extra time visiting with my local coin dealer and licking my wounds and comparing notes. No one was in buying so it was easy. She doesn’t have a big business and I was her only buyer in her place of business everyday that I bought and I bought five times over the past five weeks. 

My last visit was entertaining and we got into Buffett stories. She used to work for him in Omaha and was a good friend of his current wife. Let’s just say that Warren is basically what you see is what you get. He is a complete nerd. His current wife was actually hired by his first wife years ago when she decided she had enough of living with dopey in Omaha and went to California to party with more lively company. She felt sorry for dopey and found this lady through my friend to live with him and take care of the house and Warren. Her choice was a woman of simple means and needs and she and Warren grew to love each other in only a way Warren can love…..lol. 

I’ve never read any bios on dopey but this information might be in them but it was news for me. Warren and his first wife never divorced because of the money it would have cost. She didn’t go into the details but the first wife wasn’t too greedy and chose the Cali life and freedom from dopey and was very happy with whatever allowance she had…lol…… Anyway…eventually Warren married the live in and now current wife after his first wife died and she remains a very frugal, simple woman with her total loyalty to Warren.  

So at least I learned something during this last slaughter from buying PMs at my local shop. Lottsa Warren stories to come of course so lets enjoy this next move up……hope this painful butt pasting sets us up for a big one this fall……..or maybe buttfox will be gracing us more often with his words of wisdom…..waaaaaaa.