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<p>[QUOTE="medoraman, post: 1987359, member: 26302"]Who the heck said we thought all equity investors were rational? Good gosh, there has been so much craziness and herd mentality in equity investing than any other field, ESPECIALLY if individual chinese investors get involved nowadays, (not a racist comment, just commenting on the myriad of bubbles coming from that market). </p><p><br /></p><p>No investment sector is ever immune to irrational thought. "Mad dog stackers", I never said that. But, sir, what would you call those posters who came here and GUARANTEED silver would be $120 in six months? There was absolutely no uncertainty, it HAD TO BE TRUE. That is about as irrational as it gets, at least Alibaba, due to their corner on the second largest market in the world, might reasonably be worth $100 a share long term. </p><p><br /></p><p>There is irrational investors everywhere, try to not get defensive just because I called out SOME pm investors as being irrational. I am betting I have a bigger "stack" than you do, so I am not saying this as one who does not believe in owning pm.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1987359, member: 26302"]Who the heck said we thought all equity investors were rational? Good gosh, there has been so much craziness and herd mentality in equity investing than any other field, ESPECIALLY if individual chinese investors get involved nowadays, (not a racist comment, just commenting on the myriad of bubbles coming from that market). No investment sector is ever immune to irrational thought. "Mad dog stackers", I never said that. But, sir, what would you call those posters who came here and GUARANTEED silver would be $120 in six months? There was absolutely no uncertainty, it HAD TO BE TRUE. That is about as irrational as it gets, at least Alibaba, due to their corner on the second largest market in the world, might reasonably be worth $100 a share long term. There is irrational investors everywhere, try to not get defensive just because I called out SOME pm investors as being irrational. I am betting I have a bigger "stack" than you do, so I am not saying this as one who does not believe in owning pm.[/QUOTE]
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