Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Gold or Silver prices, what will make the prices go up?? Did we top out already?
>
Reply to Thread
Message:
<p>[QUOTE="medoraman, post: 1582449, member: 26302"]Not sure I would say that. The analogy was really talking about non-traditional investors and their participation in markets. When a market gets flooded with non-traditional investors, 2 things happen. 1, prices explode, and 2, prices become more volatile. Non-traditional investors usually aren't in it for the long haul, more for a quick buck, and as such add volatility to markets. If they become disillusioned with it, they can leave very quickly, dropping the market as fast or faster than they raised it.</p><p><br /></p><p>So, I would ask do you believe the average American, (or average world citizen), is more apt to be interested in PM today than 10 years ago? I believe that would be more analogous to the "shoeshine boy". I am not making predictions or saying anything abotu the market today, just clarifying this point.</p><p><br /></p><p>Btw, that shoeshine boy story was the reason one major investor avoided the stock market crash of 29. That was his reason why he sold every single stock he owned 6 months before the crash.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1582449, member: 26302"]Not sure I would say that. The analogy was really talking about non-traditional investors and their participation in markets. When a market gets flooded with non-traditional investors, 2 things happen. 1, prices explode, and 2, prices become more volatile. Non-traditional investors usually aren't in it for the long haul, more for a quick buck, and as such add volatility to markets. If they become disillusioned with it, they can leave very quickly, dropping the market as fast or faster than they raised it. So, I would ask do you believe the average American, (or average world citizen), is more apt to be interested in PM today than 10 years ago? I believe that would be more analogous to the "shoeshine boy". I am not making predictions or saying anything abotu the market today, just clarifying this point. Btw, that shoeshine boy story was the reason one major investor avoided the stock market crash of 29. That was his reason why he sold every single stock he owned 6 months before the crash.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Gold or Silver prices, what will make the prices go up?? Did we top out already?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...