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<p>[QUOTE=&quot;medoraman, post: 1631346, member: 26302&quot;]In my position professionally, I use the CME to hedge commodities. Therefor, I simply have some hands on knowledge of similar markets, (something almost no one else here has). Don&#039;t you think its pretty darn silly to be throwing stones, or listening to those throwing stones at a market they have ZERO information about? Who would you trust about a cut of meat, a geologist or a veterinarian? A geologist can have an OPINION, but maybe you should ask a vet and have him shed a little more educated light on the subject?</p><p><br /></p><p>Have I EVER said PM is a bad asset to own as part of a portfolio? Have I EVER supported anyone who said all PM should be avoided? </p><p><br /></p><p>I own about 1000 ounces of bullion silver, and maybe 10 ounces of gold. Maybe there is another 500 ounces of coins I keep as coins I may sell for melt if prices ever got crazy. This is my baseline PM investment. I haven&#039;t had to add much to it since its gone up with the rest of my portfolio. I have around 10% in PM, which is about where I wish to be. Would I be mad if PM went higher and it became 20%? Not really. If it went down enough that it was only 5%, I would probably be a strong buyer again and buy enough to get me back to 10% at least.</p><p><br /></p><p>Now, having said that, do I think people are actively out writing articles to &quot;steal people&#039;s money through inflation&quot;? No, I think such thoughts are pretty silly. I see no large government conspiracy to stop anyone from owning PM. If there were, it would be the only large conspiracy in history not involving a war to be kept secret, and btw its a pretty crappy conspiracy looking at the last 12 year&#039;s price moves.</p><p><br /></p><p>PM is a great contra asset, its pretty, and I like owning it. That&#039;s about the end of it for me. And yes, I will continue to post against conspiracy theories, government manipulation, and errors in market activities that are written here on CT. I simply think believing in such things clouds a person&#039;s judgment to what IS really a good investment alternative, IN MODERATION.</p><p><br /></p><p>Other than that, I am not too concerned about convincing anyone here of anything. If you don&#039;t believe me, think I am some sort of &quot;government plant here to steal from you&quot;, well its a free country. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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