4-23-2012 SWFloridaGuy: I completely understand that the media can't always be trusted. This is true with all media sources in every country but when people make blanket statements like "don't read any articles just trust me and my rumors." That's kind of silly.
There were plenty of articles that came out when we went to war with Iraq. Am I supposed to doubt their validity because a guru didn't tell me first? Articles come from many sources and multiple reports on one topic is helpful. Some also claim that all reports out of Iraq are completely controlled by Maliki. If this were true than why are there so many articles portraying him in such a negative light?
I think many prefer to just come into chat rooms and hear "we just RV'd again and the rate is unbelievable." It's much harder to do our own research and develop our own contacts but when we do the reward is a better understanding, the opportunity to get off the roller coaster and have a more balanced, realistic approach to this investment. I don't see the articles calling the RV every single day, week after week, year after year.
I do think it's good to take everything in though and every once in a while there is some truth to the rumors. I think it's our responsibility as investors to be as educated as we can be and that means listening to the rumors, reading the articles and doing our own research before coming to a conclusion as to where we stand.