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<p>[QUOTE=&quot;medoraman, post: 1627257, member: 26302&quot;]...while a major reason metals go up is from leveraged positions from speculators &quot;buying&quot; more metal than they have the money to pay for. Leverage cuts both ways, and I doubt anyone here can quantify either gain or loss from the leverage employed in the markets.</p><p><br /></p><p>As to being a &quot;waste of time&quot;, so why are you here? Do you only want to be patted on the back by others who agree 100% with you on how brilliant the entire group is? Your belief system as to why you feel about PM cannot stand being challenged? Is it simply based upon opinion and hope versus any hard facts to support your position?</p><p><br /></p><p>At least 10 times as many people read CT than participate. Because of that fact, I post when I believe posts are erroneous. I state my beliefs, and listen to others beliefs and any facts or arguments they may have to support their position. I would hope others would return the favor with my posts. If they do not wish to, that is their loss, since I firmly believe if you are going to risk your future on a belief, that belief should have some concrete basis. If it doesn&#039;t, if it bothers you to have your assumptions challenged, then how SURE are you that you are right?</p><p><br /></p><p>I have had some opinions changed by others here on CT, and I believe its simply healthy to discuss with others their viewpoints. I thought that was why we were here.[/QUOTE]</p><p><br /></p>

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