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<p>[QUOTE=&quot;Del Pinto, post: 2064773, member: 73128&quot;]2014 is over. Within the year (from 2/12/14) Ag dipped and nearly recovered then dropped to the 11/6/14 low (15.28) and closed 2014 at 16. From the poll, Silver fell -23.8%.</p><p><br /></p><p>Only 27% of the bullionists voting in February were correct; of 18 opinions (some formed late-in-the-game?) in replies, 33% were decidedly bearish and therefore correct. Only half of those (3) were bold in their opinion &quot;Under $18&quot; ~17% of respondents.</p><p><br /></p><p>6 opinions were cautiously bearish but largely non-committal. That&#039;s neither right nor wrong and probably gets a penalty for waffling <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>73% of bullionists voting were rather worse than just wrong; 8 opinions (44%) were forecasting Silver over $30 in 2014.</p><p><br /></p><p>Group Bias: It makes sense that those holding bullion are exceedingly bullish, but it&#039;s also useful to see and admit the board was more wrong (2x-3x) than right in their (February) Forecast for Ag in 2014.</p><p><br /></p><p>Also see this poll:</p><p><a href="https://www.cointalk.com/threads/opinion-poll-how-low-will-silver-go-in-the-next-year.252544/" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/opinion-poll-how-low-will-silver-go-in-the-next-year.252544/">https://www.cointalk.com/threads/opinion-poll-how-low-will-silver-go-in-the-next-year.252544/</a></p><p><br /></p><p>41% were already proven wrong, but of those still correct, 44% voted &quot;Under $13.&quot; No idea how often people flip-flop, but that was a strong bearish shift from February.[/QUOTE]</p><p><br /></p>

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