Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Goldman lowers 12 month forecast of Gold to $1390
>
Reply to Thread
Message:
<p>[QUOTE="medoraman, post: 1697136, member: 26302"]I apologize as well if I came off snippy. Yes, I am a CPA, MBA, and a bunch of other initials. I am not a practicing CPA though. Yes, I have been down on Crocker and attended CME classes and been on the trading floors.</p><p><br /></p><p>I simply am a strong, long time believer in diversification of assets, and believe PM has a role in that, a good role. I have been a bear for maybe 5 years, ever since PM crossed over to above FMV in my eyes. I admit, though, I have the luxury of already owning half a SDB full, so I already had that diversification in place. As such, I was unwilling to buy an ounce more above what I consider FMV. If I had zero ounces 5 years ago I might have been forced to suck it up and still buy, because I do beleive that strongly its needed in a portfolio.</p><p><br /></p><p>I simply have financial reasons for wishing to hold it, not other reasons people expound. As this is the case, we will continue to disagree on certain reasons you believe are pertinent, and I believe are not. That does not mean we both cannot agree on the value of owning PM, but it will mean our assumptions of FMV of that PM will differ.</p><p><br /></p><p>I do promise, however, I am not a mole that has been planted here by JPM, COMEX, or another entity. I am like you, a pm owner trying to help others here. We simply disagree on WHY to own it.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1697136, member: 26302"]I apologize as well if I came off snippy. Yes, I am a CPA, MBA, and a bunch of other initials. I am not a practicing CPA though. Yes, I have been down on Crocker and attended CME classes and been on the trading floors. I simply am a strong, long time believer in diversification of assets, and believe PM has a role in that, a good role. I have been a bear for maybe 5 years, ever since PM crossed over to above FMV in my eyes. I admit, though, I have the luxury of already owning half a SDB full, so I already had that diversification in place. As such, I was unwilling to buy an ounce more above what I consider FMV. If I had zero ounces 5 years ago I might have been forced to suck it up and still buy, because I do beleive that strongly its needed in a portfolio. I simply have financial reasons for wishing to hold it, not other reasons people expound. As this is the case, we will continue to disagree on certain reasons you believe are pertinent, and I believe are not. That does not mean we both cannot agree on the value of owning PM, but it will mean our assumptions of FMV of that PM will differ. I do promise, however, I am not a mole that has been planted here by JPM, COMEX, or another entity. I am like you, a pm owner trying to help others here. We simply disagree on WHY to own it.[/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
>
Goldman lowers 12 month forecast of Gold to $1390
>
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...