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<p>[QUOTE=&quot;medoraman, post: 1261916, member: 26302&quot;]So if this is your belief, what about gold? It had no &quot;Hunt Brothers&quot; to blame for its fall from $800 to $300 or less over 20 years. So this was not a bubble, then what was it? Platinum was the same. Without the Hunt&#039;s I think silver would have been around $30 or so on 1980, since that is about when they actively tried to corner. $30 is still a far cry from the $4 I bought mine at 12 years later.</p><p><br /></p><p>You mention shorts versus longs, but I believe they were also excessive shorts in 1980, 1990, 2000, etc. Do you have some numbers proving the shorts versus longs are overly exaggerated today versus other time frames?</p><p><br /></p><p>I am not agreeing or disagreeing about other things, just asking you about these two points which seem critical to your absolute belief in PM. Beliefs not challenged aren&#039;t worth believing, right? I have heard the shorts versus long argument from PM prognosticators for 30 years now, they always argue this is &quot;proving&quot; PM has to go up.</p><p><br /></p><p>Chris</p><p><br /></p><p>P.S. Btw the wedding season is beginning in South Asia. I have relatives getting married and they are severely cutting back on gold purchases for the wedding, and there are new &quot;gold rental&quot; companies springing up. Traditionally most of the gold would have been kept, but now its just being rented and returned right after the ceremony. I also read about India and their cutbacks in gold this wedding seasons. </p><p><br /></p><p>P.P.S.&nbsp; The article I read was in the NY Times, and it was saying the same as my inlaws were telling me from Thailand. I like to use first hand knowledge in place of my own thoughts, even though some like to label such information &quot;personal anecdotes&quot; and simply dream up their facts.[/QUOTE]</p><p><br /></p>

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