The behavior of PM prices is confusing

Discussion in 'Bullion Investing' started by myownprivy, Sep 19, 2018.

  1. longnine009

    longnine009 Most Exalted Excellency

    I was not alluding to Jamie and his bwain twust. I was alluding to the geniuses in the PM room.
     
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  3. chascat

    chascat Well-Known Member

    If PM prices made any sense then no one could either win or loose.
     
    chucklenut and longnine009 like this.
  4. ToughCOINS

    ToughCOINS Dealer Member Moderator

    I wasn't referring to Jamie (Dimon) either. He's a top level manager, but far from being the type of expert in metals markets that is valued by the institutions I mentioned, and he knows it. He isn't the best, knows it, and that's why he hires the best.
     
  5. longnine009

    longnine009 Most Exalted Excellency

    Who determines that they're the best if we never hear about them?
     
  6. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Those are closely held secrets. Do you tell everyone else what coins you search for regularly? Do you tell others how you determine which coins you should be pursuing first and most energetically? Of course not . . . it's counter to your goals.

    Why would those institutions advertise their most valued resources . . . in fact, while under contract, their intellectual property?
     
  7. longnine009

    longnine009 Most Exalted Excellency

    If they are closely held secrets then there is no way to determine that these experts are any better or any worse than the magazine, TV or radio promoters.
     
  8. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Oh, I think we could deduce an awful lot by comparing the average results of such institutions against those of the individuals prodded by the hawkers in the mass media, if only we had that sort of data.
     
  9. longnine009

    longnine009 Most Exalted Excellency

    I would have much more important things to deduce if only I had won the Powerball an hour ago.
     
    Last edited: Oct 7, 2018
  10. Santinidollar

    Santinidollar Supporter! Supporter

    Where did you come up with that correlation? It’s total nonsense.
     
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