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<p>[QUOTE="mikem2000, post: 3160551, member: 30574"]Of course one does not HAVE to defend their point but I certainly would. I mean why say it if you are not willing to back it up. It is a discussion forum. I really don't get how people can make a statement on a discussion forum and then refuse to defend the position when challenged.</p><p><br /></p><p>Along those same lines of it being a discussion forum, you point is your point. It makes little difference if it your money, your Grandmothers money or no money at all. I am arguing your point, not what you do with your money. </p><p><br /></p><p>Now you are correct when you say no one knows when the next spike will be, but that is simply not using the cyclical data to your advantage. It is more of an odds thing. Looking at the data, it clearly shows then next LIKLEY spike is far off and before that happens we still need to bottom out. No guarantees but if you are playing the odds, that is what it says. It cannot be any clearer. That is simply what the data shows. It you just throw that out the Window and say "Who cares, no one knows when the next spike is going to be anyway" I would really say you are more of a "faith" type of guy as you seem to want to disregard the cyclical data presented.</p><p><br /></p><p>I believe where the disconnect is, you are saying Silver is cyclical and if you wait long enough it will rise again someday. True enough, but it seems you are completely ignoring the time frame. That spike you are waiting for may come long after we are dust. PLUS if you truly do believe in cyclical nature, it seems you are totally ignoring that LOWS are cyclical too and according to the data we have, we are no where close to that low point. It makes little sense to me to ignore this and once again it points more to your buying being based on "faith"</p><p><br /></p><p> Also once again, this has NOTHING to do with what you are doing with YOUR money. It is a discussion about a point that YOU stated, which I completely disagree with and I did my best to explain why.[/QUOTE]</p><p><br /></p>
[QUOTE="mikem2000, post: 3160551, member: 30574"]Of course one does not HAVE to defend their point but I certainly would. I mean why say it if you are not willing to back it up. It is a discussion forum. I really don't get how people can make a statement on a discussion forum and then refuse to defend the position when challenged. Along those same lines of it being a discussion forum, you point is your point. It makes little difference if it your money, your Grandmothers money or no money at all. I am arguing your point, not what you do with your money. Now you are correct when you say no one knows when the next spike will be, but that is simply not using the cyclical data to your advantage. It is more of an odds thing. Looking at the data, it clearly shows then next LIKLEY spike is far off and before that happens we still need to bottom out. No guarantees but if you are playing the odds, that is what it says. It cannot be any clearer. That is simply what the data shows. It you just throw that out the Window and say "Who cares, no one knows when the next spike is going to be anyway" I would really say you are more of a "faith" type of guy as you seem to want to disregard the cyclical data presented. I believe where the disconnect is, you are saying Silver is cyclical and if you wait long enough it will rise again someday. True enough, but it seems you are completely ignoring the time frame. That spike you are waiting for may come long after we are dust. PLUS if you truly do believe in cyclical nature, it seems you are totally ignoring that LOWS are cyclical too and according to the data we have, we are no where close to that low point. It makes little sense to me to ignore this and once again it points more to your buying being based on "faith" Also once again, this has NOTHING to do with what you are doing with YOUR money. It is a discussion about a point that YOU stated, which I completely disagree with and I did my best to explain why.[/QUOTE]
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