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Are we going to see sub $20 silver again this year?
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<p>[QUOTE="medoraman, post: 1791768, member: 26302"]My problem with the "vast conspiracy" theory is those who hold to this view basically wish to profit from it. Think about it, if there has been some kind of conspiracy against PM, they wish to have it end ONLY because they wish to profit by what they already own. Previous generations didn't benefit, future generations would not benefit, only those people who own pm TODAY would ever benefit from such "conspiracy reversal".</p><p> </p><p>Also, using a conspiracy is simply a convenient way for PM prognosticators to have an excuse why they were wrong. Ask them why all of their predictions have been wrong, why there is not $5000 gold today, and they will all say "conspiracy". I believe using "conspiracy" as a crutch allows investors to not learn from their mistakes. Its easy to "blame the man" why you haven't made any money, right? Whole classes of people do it every day, they do not try because of "the man". Its simply sad to have PM buyers to fall into the same self destructive delusion. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" /></p><p> </p><p>Edit: Btw, this was not intended to be a slam on anyone, just a warning. If anytime you are wrong but can turn around and "blame it on the boogeyman" its very easy to simply neve learn. If your world view is simply "if pm goes up it means I was right and if it goes down its due to a vast international conspiracy", then I simply believe you are unwilling to ever admit you have made a mistake. Gold/Silver has had a catastrophic year, no other way around it. Look at all of the excuses being made in the alst couple months like, "but, but the Comex is running out, "the man" will soon have to let the market go back up". How is that working out today? Where are those stories at today? In the meantime gold/silver is still down.</p><p> </p><p>Honestly, you know DARN WELL if stocks were performing as poorly as PM has this year, all of the pm media would be screaming how its "proof" the financial markets are coming to an end, and only pm can save you. Everyone on this board knows darn well that is a true statement. Make it PM having a catastrophic year, though, and they take it in stride because, "its the man manipulating it against us".</p><p> </p><p>Investing money but being unwilling to admit you could possibly be wrong I simply believe is a very, very, dangerous habit.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1791768, member: 26302"]My problem with the "vast conspiracy" theory is those who hold to this view basically wish to profit from it. Think about it, if there has been some kind of conspiracy against PM, they wish to have it end ONLY because they wish to profit by what they already own. Previous generations didn't benefit, future generations would not benefit, only those people who own pm TODAY would ever benefit from such "conspiracy reversal". Also, using a conspiracy is simply a convenient way for PM prognosticators to have an excuse why they were wrong. Ask them why all of their predictions have been wrong, why there is not $5000 gold today, and they will all say "conspiracy". I believe using "conspiracy" as a crutch allows investors to not learn from their mistakes. Its easy to "blame the man" why you haven't made any money, right? Whole classes of people do it every day, they do not try because of "the man". Its simply sad to have PM buyers to fall into the same self destructive delusion. :( Edit: Btw, this was not intended to be a slam on anyone, just a warning. If anytime you are wrong but can turn around and "blame it on the boogeyman" its very easy to simply neve learn. If your world view is simply "if pm goes up it means I was right and if it goes down its due to a vast international conspiracy", then I simply believe you are unwilling to ever admit you have made a mistake. Gold/Silver has had a catastrophic year, no other way around it. Look at all of the excuses being made in the alst couple months like, "but, but the Comex is running out, "the man" will soon have to let the market go back up". How is that working out today? Where are those stories at today? In the meantime gold/silver is still down. Honestly, you know DARN WELL if stocks were performing as poorly as PM has this year, all of the pm media would be screaming how its "proof" the financial markets are coming to an end, and only pm can save you. Everyone on this board knows darn well that is a true statement. Make it PM having a catastrophic year, though, and they take it in stride because, "its the man manipulating it against us". Investing money but being unwilling to admit you could possibly be wrong I simply believe is a very, very, dangerous habit.[/QUOTE]
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Are we going to see sub $20 silver again this year?
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