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<p>[QUOTE="medoraman, post: 1913522, member: 26302"]We are all in the same boat. I hope no one here ever takes what I post personally, (well most people here). There have been a few "silver will be $116 an ounce in six months time, and I have proof" people that I objected to. I did go out of my way to disprove this theory, not to embarrass them but so hopefully others did not buy into what they were saying. Short of that, I never try to insult anyone on what they have bought and why. Its not my place. I honestly only object to some sales scare tactics that have been the bread and butter of the pm industry for longer than many here have been alive. I saw them in the 70's, but with the internet they are much more common.</p><p><br /></p><p>Do I believe there will be another spike? Of course, most commodities tend to do that. Do I have a clue when? Nope. So, I will not rely on it, since it might happen after my timeframe of pm ownership. So, knowing that, I evaluate pm on its fundamentals and what good it does me overall for my portfolio. </p><p><br /></p><p>However, if you can flip pm at any market level and make a profit, that does not really have anything to do with what we talk here about. We mainly talk here about long term investing. If you can flip today and make a buck, good for you man, (and I mean that, unlike some Americans I honestly love hearing when others are doing well and making money).[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1913522, member: 26302"]We are all in the same boat. I hope no one here ever takes what I post personally, (well most people here). There have been a few "silver will be $116 an ounce in six months time, and I have proof" people that I objected to. I did go out of my way to disprove this theory, not to embarrass them but so hopefully others did not buy into what they were saying. Short of that, I never try to insult anyone on what they have bought and why. Its not my place. I honestly only object to some sales scare tactics that have been the bread and butter of the pm industry for longer than many here have been alive. I saw them in the 70's, but with the internet they are much more common. Do I believe there will be another spike? Of course, most commodities tend to do that. Do I have a clue when? Nope. So, I will not rely on it, since it might happen after my timeframe of pm ownership. So, knowing that, I evaluate pm on its fundamentals and what good it does me overall for my portfolio. However, if you can flip pm at any market level and make a profit, that does not really have anything to do with what we talk here about. We mainly talk here about long term investing. If you can flip today and make a buck, good for you man, (and I mean that, unlike some Americans I honestly love hearing when others are doing well and making money).[/QUOTE]
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