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<p>[QUOTE=&quot;ToughCOINS, post: 3137103, member: 20480&quot;]Sorry, but I can&#039;t agree with your position.&nbsp; Averages are just that.</p><p><br /></p><p>The average of 12 and 2 is 7.&nbsp; Assuming hypothetically that an outcome is guaranteed to be repeated from just those two data points, 2 years have already long passed, meaning we are in a 12 year bull run.&nbsp; That the outcome would be either 2 or 12 years is no more or less reliable than your presumption that the historical average has any bearing on the duration of the current &quot;bull market&quot;.</p><p><br /></p><p>Faulty logic and / or bad data can deliver good results, but not a good decision.&nbsp; </p><p><br /></p><p>Am I nervous about the market?&nbsp; No.</p><p><br /></p><p>Why not?&nbsp; Because many barriers to profitability have been lifted, and a rising tide floats all ships . . . a good thing for consumers as well as companies . . . therefore a double benefit for companies . . . until wage inflation takes hold.</p><p><br /></p><p>Am I bailing from PMs?&nbsp; No.</p><p><br /></p><p>Why not?&nbsp; Because it took me a great deal of time and energy to assemble the hedging strategy I have in place.&nbsp; I&#039;m not about to dismantle that to shift gears into another vehicle.&nbsp; I have other parked funds to move into the market less disruptively.</p><p><br /></p><p>No one should be all-in any particular investment vehicle.&nbsp; Diversification via ownership of diverse equities, diverse properties or diverse collectibles is not diversification enough.</p><p><br /></p><p>I&#039;d shy away from inverse ETF&#039;s unless you are an absolute expert in the market, in which case you should be making a cool million per year working on Wall Street.[/QUOTE]</p><p><br /></p>

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