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<p>[QUOTE="desertgem, post: 954523, member: 15199"]When I see the bullish hype of precious metals here and on other forums, I wonder if the posters realize they are basically pushing the same agenda~ to keep prices up. There are posts of doom, gloom, back to almost prehistoric times. There are threads of buy,buy,buy to the general reader when the poster has no reason other than hope it increases that side of the equation. To the general reader, ask how many of them really have gone through a 1980 type of boom and then bust of Precious metals? One should learn from history, if not, they will repeat it. I know that most of the members that actually participated or at least kept up with it in the 80s, are much more conservative.</p><p><br /></p><p>I know many just think they are doing a favor to the newbies, as they have personal strong feelings on the future action of PM, that is understandable, but keep in mind that they may actually buy at a peak, and see it fall $50 the next day and keep going. Just my old man ( I don't have 20 more years to wait for it to go back up <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> )observation.</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 954523, member: 15199"]When I see the bullish hype of precious metals here and on other forums, I wonder if the posters realize they are basically pushing the same agenda~ to keep prices up. There are posts of doom, gloom, back to almost prehistoric times. There are threads of buy,buy,buy to the general reader when the poster has no reason other than hope it increases that side of the equation. To the general reader, ask how many of them really have gone through a 1980 type of boom and then bust of Precious metals? One should learn from history, if not, they will repeat it. I know that most of the members that actually participated or at least kept up with it in the 80s, are much more conservative. I know many just think they are doing a favor to the newbies, as they have personal strong feelings on the future action of PM, that is understandable, but keep in mind that they may actually buy at a peak, and see it fall $50 the next day and keep going. Just my old man ( I don't have 20 more years to wait for it to go back up :) )observation. Jim[/QUOTE]
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