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what signals the end of the bull market right before it crashes?
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<p>[QUOTE="medoraman, post: 1288299, member: 26302"]I understand I had brought up 1980, but also used longer time frames. They work both ways, and everyone on this board knows the 1980 date for PM, but many probably do not understand why you chose the dates you did for the stock comparison. I believe the only time I have brought up 1980 is when someone, (cough, cough) stated that buying gold has ALWAYS has been good to buy. I was simply naming some dates where that was not completely true.</p><p><br /></p><p>I do not say people "casting derision" against PM ownership are right, I am simply trying to play fair in comparisons. I was on the other side in the 90's before websites like these telling everyone I knew they should look at silver at 4-5, and being ignore and derided as a simpleton. PM always has a place in a portfolio, I think we all believe that, its just to what extent at what price point. </p><p><br /></p><p>Like I said before, I am not saying the point you were wishing to make was invalid, I simply believe you can make it by not accentuating your dates. Your general point about the mainstream media reporting PM owners as kooks is very valid, if that was part of your point. If a second part was the mainstream media believing Wall Street is the only respectable place to invest, that is also a very valid criticism.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1288299, member: 26302"]I understand I had brought up 1980, but also used longer time frames. They work both ways, and everyone on this board knows the 1980 date for PM, but many probably do not understand why you chose the dates you did for the stock comparison. I believe the only time I have brought up 1980 is when someone, (cough, cough) stated that buying gold has ALWAYS has been good to buy. I was simply naming some dates where that was not completely true. I do not say people "casting derision" against PM ownership are right, I am simply trying to play fair in comparisons. I was on the other side in the 90's before websites like these telling everyone I knew they should look at silver at 4-5, and being ignore and derided as a simpleton. PM always has a place in a portfolio, I think we all believe that, its just to what extent at what price point. Like I said before, I am not saying the point you were wishing to make was invalid, I simply believe you can make it by not accentuating your dates. Your general point about the mainstream media reporting PM owners as kooks is very valid, if that was part of your point. If a second part was the mainstream media believing Wall Street is the only respectable place to invest, that is also a very valid criticism. Chris[/QUOTE]
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what signals the end of the bull market right before it crashes?
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