posted on
Jan 12, 2008 09:13AM
Humility is a virtue in just about all walks of life. But not when it come to the stock market or commentary about it.
So do not be humble in your commentary nor in how often. Are we flooded with posts?
Give it to us plain and simple right into our faces. We can take opinions as long as they are honest and backed up with reasoning.
Good post but I have one on yours:
"first is would like to say that if gold can rise 36.00 if 5 hours that it can easily break 1500 in 2008"
That is linear thinking and it applies to physics and mathematics, but in life and especially in human terms liniarity does not apply. Here logarithmic and exponential correlations are generally the rule.
So I say, Not So Easily.
As soon as it moves an appreciable amount in any direction there is a natural tendency to move it back ( not in a linear fashion but as a power of two or even three). Granted silver has been severily undervalued for years so there is an underlying pressure to move it back to its proper place in the resource sector, but it takes years when the stuff is 'Artificially' manipulated (i.e. unnatural).
Keep them comming.
I was a lurker for years before I started posting. Afraid of criticism of my opinions.
Now I am the reverse, making up for lost time with an opinion on everything and often stating them, even the lousy ones.
So feel free to poke me in the nose if you do not like one or two.
Cheers to all the brave souls.