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Silver Will Not Top $20 Again Homies
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<p>[QUOTE="medoraman, post: 1910267, member: 26302"]True. This is the basis of the Iowa markets, making decisions having economic consequences. I was involved in this market both as a grad researcher and staff. You are 100% right people can spout off anything if there are no consequences, but as soon as money is involved they get a lot more pragmatic and serious.</p><p><br /></p><p>Myself, I have simply viewed reputation as the consequence of predictions. Wildly predict $100 silver in 8 months and I view that predictor with much more skepticism, and hopefully others here do as well. I will readily admit when I was wrong on CT, I never thought silver would spike above $20 frankly. But I did more research and for a few years now have considered around $20 to effectively be in line with historical pricing for silver adjusting for inflation. I still believe that. Mike disagrees with me, thinking it will drift lower. I respect that opinion, its backed up with logic. I honestly love being proved wrong. That is the only way you learn is to keep an open mind and be open to be wrong. If someone predicting $50 silver wishes to go through their argument here, I promise not to bite. I will have some hard questions for them, I will challenge them, but I try to be fair. TBH I would love it if silver were $50, as I probably own more of it than many here.</p><p><br /></p><p>Actually, concerning the language of discourse here, I promise to tone it down. getting upset serves no purpose, neither does snarky posts, so I will try to keep it on point.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1910267, member: 26302"]True. This is the basis of the Iowa markets, making decisions having economic consequences. I was involved in this market both as a grad researcher and staff. You are 100% right people can spout off anything if there are no consequences, but as soon as money is involved they get a lot more pragmatic and serious. Myself, I have simply viewed reputation as the consequence of predictions. Wildly predict $100 silver in 8 months and I view that predictor with much more skepticism, and hopefully others here do as well. I will readily admit when I was wrong on CT, I never thought silver would spike above $20 frankly. But I did more research and for a few years now have considered around $20 to effectively be in line with historical pricing for silver adjusting for inflation. I still believe that. Mike disagrees with me, thinking it will drift lower. I respect that opinion, its backed up with logic. I honestly love being proved wrong. That is the only way you learn is to keep an open mind and be open to be wrong. If someone predicting $50 silver wishes to go through their argument here, I promise not to bite. I will have some hard questions for them, I will challenge them, but I try to be fair. TBH I would love it if silver were $50, as I probably own more of it than many here. Actually, concerning the language of discourse here, I promise to tone it down. getting upset serves no purpose, neither does snarky posts, so I will try to keep it on point.[/QUOTE]
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Silver Will Not Top $20 Again Homies
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