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<p>[QUOTE="SD51555, post: 2053506, member: 71871"]It's pop culture. Crowds follow fads, and then fads die. I got a friend into bullion investing and he went bonkers spending half his income per month thinking he was gonna triple it all and buy a farm. I urged him to slow down and pace himself, but he was hell bent on getting in before it shot to the moon. </p><p><br /></p><p>I can tell you I've haven't made a penny of realized or unrealized profit on my bullion. I rode the bus up and down, and then down again. Then after that happened I rode the rocket into the abyss we're in today. But I'm one of the die hards. I'll be watching bullion after the tv and radio commercials quit and we go back to weiner pills, vitamins, and weight loss drugs. D-I-N-O-V-I-T-E dot com!</p><p><br /></p><p>This always happens. Take a look at the prepping mania outside of bullion. The food/water/bunker fad has completely fizzled out already. The gun mania after November 2008, and again after sandy hook. The ammo mania. Make money flipping houses. Sodastream. Yoga pants. The crowd is always chasing the shiny object or dangling keys. </p><p><br /></p><p>Saltysam also makes a great point. It's hard to come in and lay down more predictions when nearly everyone has been wrong all the way along. Has anyone predicted a short term sideways market like we're in now? I finally got smart when I realized I didn't know jack about which way the markets were going. I also think credible news and data don't exist in bullion and mining like it does in stocks. </p><p><br /></p><p>I'm with ya. I'm starving for some intellectual back and forth. I posed some ideas on platinum and a three way asset allocation strategy between gold silver and platinum. Didn't get hardly any hits.[/QUOTE]</p><p><br /></p>
[QUOTE="SD51555, post: 2053506, member: 71871"]It's pop culture. Crowds follow fads, and then fads die. I got a friend into bullion investing and he went bonkers spending half his income per month thinking he was gonna triple it all and buy a farm. I urged him to slow down and pace himself, but he was hell bent on getting in before it shot to the moon. I can tell you I've haven't made a penny of realized or unrealized profit on my bullion. I rode the bus up and down, and then down again. Then after that happened I rode the rocket into the abyss we're in today. But I'm one of the die hards. I'll be watching bullion after the tv and radio commercials quit and we go back to weiner pills, vitamins, and weight loss drugs. D-I-N-O-V-I-T-E dot com! This always happens. Take a look at the prepping mania outside of bullion. The food/water/bunker fad has completely fizzled out already. The gun mania after November 2008, and again after sandy hook. The ammo mania. Make money flipping houses. Sodastream. Yoga pants. The crowd is always chasing the shiny object or dangling keys. Saltysam also makes a great point. It's hard to come in and lay down more predictions when nearly everyone has been wrong all the way along. Has anyone predicted a short term sideways market like we're in now? I finally got smart when I realized I didn't know jack about which way the markets were going. I also think credible news and data don't exist in bullion and mining like it does in stocks. I'm with ya. I'm starving for some intellectual back and forth. I posed some ideas on platinum and a three way asset allocation strategy between gold silver and platinum. Didn't get hardly any hits.[/QUOTE]
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