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Silver is "cheap" and "undervalued" according to some analysts
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<p>[QUOTE="medoraman, post: 1943429, member: 26302"]Chris, the same solicitations were also sent in the 80's, the 70's, etc etc. The "predictions" have always been the same, regardless of market price. Yes, sometimes silver goes up. Then these "predictors" scream about how they were "right", and conveniently they are now predicting silver will be going "to the moon" next. </p><p><br /></p><p>Whenever you read a "prediction" from a pm salesman, simply equate it to the "predictions" of used car salesmen. I have never met a used car salesman who didn't declare the car I was looking at "was a tremendous bargain, it probably will be sold in the next day or two so you should really not let it get away". Same with pm, the future is ALWAY up. Funny thing is, this is an extremely easy prediction. Long term pm will always go up since it will track inflation. So, predicting pm will go up long term is like predicting it will not rain today. The vast majority of days do not rain, bo the odds will always be in your favor long term.</p><p><br /></p><p>Now, short term? Anything can happen. I would like to see how many of these "experts" predicted the devastating, (to those who bought over $30), crash of 2013. How many of them are writing articles admitting how wrong they were? No, they will brag and give you a link to how "right" they were in 2010-2011, but will never link you how absolutely wrong they were in 2013.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1943429, member: 26302"]Chris, the same solicitations were also sent in the 80's, the 70's, etc etc. The "predictions" have always been the same, regardless of market price. Yes, sometimes silver goes up. Then these "predictors" scream about how they were "right", and conveniently they are now predicting silver will be going "to the moon" next. Whenever you read a "prediction" from a pm salesman, simply equate it to the "predictions" of used car salesmen. I have never met a used car salesman who didn't declare the car I was looking at "was a tremendous bargain, it probably will be sold in the next day or two so you should really not let it get away". Same with pm, the future is ALWAY up. Funny thing is, this is an extremely easy prediction. Long term pm will always go up since it will track inflation. So, predicting pm will go up long term is like predicting it will not rain today. The vast majority of days do not rain, bo the odds will always be in your favor long term. Now, short term? Anything can happen. I would like to see how many of these "experts" predicted the devastating, (to those who bought over $30), crash of 2013. How many of them are writing articles admitting how wrong they were? No, they will brag and give you a link to how "right" they were in 2010-2011, but will never link you how absolutely wrong they were in 2013.[/QUOTE]
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Silver is "cheap" and "undervalued" according to some analysts
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