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Originally Posted by Lefty-Canuck
Solid point! I guess my concern is how much is it likely to increase in the next 6 months.
LC
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Nobody knows really, everybody can guess and speculate and some might even guess correctly, but world events change things very quickly in ways nobody could predict.
Its all about the risk/reward scale. Whats the risk of it going up versus the reward of holding out in the hope of something better. In my opinion, and its only my opinion, the risk of waiting far outweighs any potential reward of waiting. So I'd hedge because if I'm wrong today my cost is nominal, if I'm wrong later my cost could be huge, and we are talking about my family home not some speculative stock purchase .