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<p>[QUOTE="medoraman, post: 2054588, member: 26302"]I love the market is sweeping away all of the pm pumpers, hucksters, and the like. Now is the period in which I can slowly build my pile up some more. I had always wanted to buy 19th century gold, and now feel comfortable now that gold is down to more sane levels.</p><p> </p><p>Yes, a few years ago there were many of us posting articles, research, and opinions as to why we didn't think silver would "soon be well over $100 an ounce, and gold will be $5000". When you have such posters coming here trying to convince others of such outlandish claims, you had some of here taking the time to disagree. Now those "excitable folks" no longer post. I really do hope they have not forgotten about pm, and are still buying, but I doubt it. Most small investors love to buy at the top, thinking past performance somehow guarantees future appreciation. I am more of a contrarian or "fair value" investor. When everyone wants to buy it makes me pause, and when everyone does not want to talk about something, THAT is the time to buy.</p><p> </p><p>I disagree with you [USER=1886]@longnine009[/USER], we are not all "wall street yes men". It was the PRICE I disagreed with earlier. Now that the price is what I consider a reasonable level I am buying pm again, and am in fact lowering my stock purchases. I try to never be in love with any investment choice, I am willing to invest in anything at the right price. For the last 5 years I simply thought stocks were undervalued and pm overvalued. Now, markets have changed prices IMHO.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 2054588, member: 26302"]I love the market is sweeping away all of the pm pumpers, hucksters, and the like. Now is the period in which I can slowly build my pile up some more. I had always wanted to buy 19th century gold, and now feel comfortable now that gold is down to more sane levels. Yes, a few years ago there were many of us posting articles, research, and opinions as to why we didn't think silver would "soon be well over $100 an ounce, and gold will be $5000". When you have such posters coming here trying to convince others of such outlandish claims, you had some of here taking the time to disagree. Now those "excitable folks" no longer post. I really do hope they have not forgotten about pm, and are still buying, but I doubt it. Most small investors love to buy at the top, thinking past performance somehow guarantees future appreciation. I am more of a contrarian or "fair value" investor. When everyone wants to buy it makes me pause, and when everyone does not want to talk about something, THAT is the time to buy. I disagree with you [USER=1886]@longnine009[/USER], we are not all "wall street yes men". It was the PRICE I disagreed with earlier. Now that the price is what I consider a reasonable level I am buying pm again, and am in fact lowering my stock purchases. I try to never be in love with any investment choice, I am willing to invest in anything at the right price. For the last 5 years I simply thought stocks were undervalued and pm overvalued. Now, markets have changed prices IMHO.[/QUOTE]
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