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<p>[QUOTE="Cloudsweeper99, post: 1089484, member: 3011"]I think it's true that there are enough PM pushers out there to become worrysome. And it is also true that there has been so much inflation since 1979 that a case can be made that PMs are still not too highly priced.</p><p><br /></p><p>The thing that makes me think the PMs will move higher is that despite the PM pushers, public participation is still very low. I recall in the late 90s that AOL was running chatrooms with hundreds of individuals spread among them preaching the gospel of tech investing. I was a frequent participant trying to argue the other side. It was great fun. I don't see anything close to that level of excitement about gold and silver, so I expect the bull market to continue.</p><p><br /></p><p>P.S. The tech investors in the 90s turned out to be correct -- as long as they had an exit strategy, which most probably didn't. The only folks who got really burned were those who bought, bought on the subsequent dips, and held no matter what. They were sort of like some people here. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1089484, member: 3011"]I think it's true that there are enough PM pushers out there to become worrysome. And it is also true that there has been so much inflation since 1979 that a case can be made that PMs are still not too highly priced. The thing that makes me think the PMs will move higher is that despite the PM pushers, public participation is still very low. I recall in the late 90s that AOL was running chatrooms with hundreds of individuals spread among them preaching the gospel of tech investing. I was a frequent participant trying to argue the other side. It was great fun. I don't see anything close to that level of excitement about gold and silver, so I expect the bull market to continue. P.S. The tech investors in the 90s turned out to be correct -- as long as they had an exit strategy, which most probably didn't. The only folks who got really burned were those who bought, bought on the subsequent dips, and held no matter what. They were sort of like some people here. ;)[/QUOTE]
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