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<p>[QUOTE="medoraman, post: 1089350, member: 26302"]Just as an aside, I have been listening to the PM pushers a lot the last couple of months, (I definitely think PM ads are way up), and its just like 1979, every single market movement is advancing their argument. Market up, proof that you need to get in quick, (but not too late), market down, great buying opportunity, market flat, better get in while you can. I wish I could get paid for market advice regardless of market activity.........</p><p><br /></p><p>Seriously, these same firms have been predicting huge PM market upswings my entire life. Anyone who listens to them or their reasons are listening to the equivalent of a car salesman why you should buy their car. Be smart, look at the markets and listen to your gut, not sales propaganda. Cloud is right, you can make money swimming with the stream in any major market movement, but at a certain point you can be playing the "greater fool" game, betting on being able to sell for a profit to someone with even less knowledge. There will be a top someday, maybe we have seen it, maybe it will be $70, but there will be a top, and heaven forbid if you try to sell at spot then.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1089350, member: 26302"]Just as an aside, I have been listening to the PM pushers a lot the last couple of months, (I definitely think PM ads are way up), and its just like 1979, every single market movement is advancing their argument. Market up, proof that you need to get in quick, (but not too late), market down, great buying opportunity, market flat, better get in while you can. I wish I could get paid for market advice regardless of market activity......... Seriously, these same firms have been predicting huge PM market upswings my entire life. Anyone who listens to them or their reasons are listening to the equivalent of a car salesman why you should buy their car. Be smart, look at the markets and listen to your gut, not sales propaganda. Cloud is right, you can make money swimming with the stream in any major market movement, but at a certain point you can be playing the "greater fool" game, betting on being able to sell for a profit to someone with even less knowledge. There will be a top someday, maybe we have seen it, maybe it will be $70, but there will be a top, and heaven forbid if you try to sell at spot then.[/QUOTE]
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