Maybe knife wasnt hot enough to cut through the cold butter? Anyway all good, price is still affordable for me.
I have revived any Bob Chapman prediction threads I could find using the search function - all have been wrong thus far. If you can find that are correct I'm happy to look them over and will happily admit he was correct in his prediction if that is the case. I fail to understand why you defend him so vigorously in the face of clear evidence to the contrary regarding his predictions.
I haven't seen all of them yet, but in at least one of those you proclaimed him being wrong i dont agree with your verdict.
That one I presume is the one I said looks shaky - I'm not saying he's wrong on that prediction yet just saying it's not looking likely at this point IMO. Given he said short term (my definition of short term in an investment sense is 3-6 months) I will let it run the duration before I say he was wrong. Don't get me wrong I believe PM's are a good investment or I wouldn't be here I just don't like wild speculative guesses that entice people to buy in based on some huge return. If you had bought in @ $45 dollars in April when he made one of his $80+ in a few weeks predictions you'd have been badly burned. As always people should do their due diligence (but some people won't and will be burned) but Bob's predictions almost appear like a pump and dump or some similarly dubious biased call. As with so many things in life the idea is a good one the extremism is what makes it unpalatable to me.
Anyone feel like graphing all his predictions against the actual spot? would be one interesting comparison!
All this Bob Bashing is hilarious. I wonder why people are so quick to jump all over him like seagulls on a couple of chips.
Mostly jumped on by traders looking to make big short-term profits. Everyone else thinks he's cool and knows that the information he gives is very useful. At least I do. LOVE THE BOB.
lol - the rantings of the traders is the only noise we get here against Bob. sorry - it's not just the traders, but also the trader wannabies... :lol:
Not at all, i'm quick to jump because his stupid calls (just like this one) can cost the uninformed allot of money. To think there would be no resistance at $50 and to give the excuse that the traders of the 80s are all dead, come on now, that's plain out dumb. To think people could crash JPM by buying silver, that is plain out dumb. Basically, anyone who went along with Max Keiser on that stupid quest loses my attention immediately. Let's just forget that though right? he still has credibility? lol We don't all do our own analysis, there are allot of people struggling financially that blindly listen to permabulls like Bob and end up in a world of hurt when the price goes from $50 to $30 in no time at all. People who got credit cards and bought in the 40s because of calls like this, how are the mums and dads who did that fairing now I wonder?
He doesn't tell you to trade it, in fact he warns against selling it. He tells you to sit on it and reap the rewards. In that context, he provides very good info, in my opinion. Plus a lot more besides.
I was listening to this Bob Chapman interview from a few months ago and he said that Gold will be $3000 on Jan 2012. Right O' Bob! and I bet he would of been right if "they" didnt take it down once again :lol:
Oh jeez it was only a couple days ago too *scratches head*. I'll try and see what I can do but just came across it through random YT searching.
Ok I found it! He says $3000-$3200 by February 2012 Just start listening from the 2 minute mark http://www.youtube.com/watch?v=FgCMZ6gdX0U LOL LOL LOL...this is worse than his "its going to go through $50 like it wasnt even there" :lol: OH and time to knock that 98% accuracy figure a little lower old Bobby Boy.
