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Message:: [QUOTE="WoodyWW, post: 1731006, member: 26001"]A lot of the people working at those Wall St. firms are highly paid, over-educated idiots, at least when it comes to PM. After all, it was only after gold had risen 400%-500% that they all started recommending that "everyone own some". I never heard that from mainstream Wall St. types when gold was $300-$400, & silver was $5 or $10....... Then there's "how to value" PM, which to me always seems difficult. So much of it is based on fear, mania, popularity, whatever asset class is being "chased" at the moment, etc. Is silver worth $10? Or $19? We've already learned it wasn't really "worth" $30, not that long ago.....unless you were a seller..... And of course, silver hit $25, or more, in 1979.....that alone would dissuade me from loading up now at $19. Just my 2cents.....[/QUOTE]