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<p>[QUOTE="medoraman, post: 1615441, member: 26302"]Outside of following inflation and somewhat oil, why do you say that Cloud?</p><p><br /></p><p>You yourself said predictions without analysis is useless. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>The one data point, (personal observation, etc), that I saw Sunday was interesting. I was at the largest monthly coin show in the Twin Cities here, and there were new bullion sellers. The major bullion seller around here is a husband and wife team who are more traditional bullion sellers. They have a few coins but really deal with junk PM and bullion. </p><p><br /></p><p>The new sellers were a couple of guys in suits. They didn't have very much for sale, mainly ASE/AGE and foreign equivalents. I was curious and started talking to them. They have an office in downtown Minneapolis and deal mainly with business people. I think they were mainly at the show to buy. </p><p><br /></p><p>I started asking them questions, probing their knowledge, and guess what? They sound identical to the same "sound bites" and "knowledge" that comes from gold bug sites. After a while I couldn't stand what they were saying and started disagreeing with them about certain things they were saying, like silver is a much rarer metal than gold, cost to produce an ounce of gold is over $2000 an ounce, etc.</p><p><br /></p><p>I don't know what to make of this new breed of sellers, or if it means anything, just thought I would throw it out there that this is the "professional advice" many newer buyers of PM are receiving.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1615441, member: 26302"]Outside of following inflation and somewhat oil, why do you say that Cloud? You yourself said predictions without analysis is useless. :) The one data point, (personal observation, etc), that I saw Sunday was interesting. I was at the largest monthly coin show in the Twin Cities here, and there were new bullion sellers. The major bullion seller around here is a husband and wife team who are more traditional bullion sellers. They have a few coins but really deal with junk PM and bullion. The new sellers were a couple of guys in suits. They didn't have very much for sale, mainly ASE/AGE and foreign equivalents. I was curious and started talking to them. They have an office in downtown Minneapolis and deal mainly with business people. I think they were mainly at the show to buy. I started asking them questions, probing their knowledge, and guess what? They sound identical to the same "sound bites" and "knowledge" that comes from gold bug sites. After a while I couldn't stand what they were saying and started disagreeing with them about certain things they were saying, like silver is a much rarer metal than gold, cost to produce an ounce of gold is over $2000 an ounce, etc. I don't know what to make of this new breed of sellers, or if it means anything, just thought I would throw it out there that this is the "professional advice" many newer buyers of PM are receiving.[/QUOTE]
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