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<p>[QUOTE="medoraman, post: 1352766, member: 26302"]I agree some people are always pessimists. However, I would also point out the opposite. For 30 years or longer I have heard every single year about how PM was going to have a breakout year, the world is crashing and burning, the only valuable thing in the world is PM, etc. Every single year they would say this, and now they are right they cannot stop bragging about how "if you listened to them", and now you should give them money to hear their future "reports". Good gig. I remember a classic scam that had a person get a list of wealthy investors, and mail out letters predicting the market. Half he would mail the market is going up, the other half its going down. Those that accidentally got a correct prediction, he would again mail to, again half up half down. THis went on until for 4 weeks straight there was a group that had received correct "predictions". He then sent a letter sayign I have proven my track record, now pay me for next weeks prediction!</p><p><br /></p><p>In other words a dead clock is right twice a day. This goes for the naysayers as well as the pundits. Almost all of the PM pundits I see have been predicting PM rise for many years where it didn't rise. Do they know something or were they a stuck clock who happen to be right now? That is the question for either group, right?</p><p><br /></p><p>Btw nothing I am saying here is applying to you personally Fatima, I am referring to paid PM pundits out there.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1352766, member: 26302"]I agree some people are always pessimists. However, I would also point out the opposite. For 30 years or longer I have heard every single year about how PM was going to have a breakout year, the world is crashing and burning, the only valuable thing in the world is PM, etc. Every single year they would say this, and now they are right they cannot stop bragging about how "if you listened to them", and now you should give them money to hear their future "reports". Good gig. I remember a classic scam that had a person get a list of wealthy investors, and mail out letters predicting the market. Half he would mail the market is going up, the other half its going down. Those that accidentally got a correct prediction, he would again mail to, again half up half down. THis went on until for 4 weeks straight there was a group that had received correct "predictions". He then sent a letter sayign I have proven my track record, now pay me for next weeks prediction! In other words a dead clock is right twice a day. This goes for the naysayers as well as the pundits. Almost all of the PM pundits I see have been predicting PM rise for many years where it didn't rise. Do they know something or were they a stuck clock who happen to be right now? That is the question for either group, right? Btw nothing I am saying here is applying to you personally Fatima, I am referring to paid PM pundits out there. Chris[/QUOTE]
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