Loading ...“The parade of commentators (you know all their names) seem to fall into two general camps: – those that say they didnt think the powers that be could suppress silver and gold prices as long as they have, but that price suppression is “nearly over”; and those that say precious metals when priced in fiat per ounce are going ‘to be explosive upwards’ but maybe not before they ‘first go down one more time’. I think a fair number of these big-name PM commentators live in their world of investing in PM vehicles via private placements or insider trading on a substantial scale. Their scale of investing is totally out of line with my limited retail investing involvement”
Couldn’t agree more – they are all selling something IMHO and have no intention of doing anything but marketing.
Moggy – Clif High? I mean he’s a fun guy to listen to, sort of like Jim Willie and all the rest, but seriously as a forecaster? Not to be taken seriously.
Maya – I dunno, the idea that .GOV can’t shut it down doesn’t make sense to me. I think they like it because it sucks money away from pm’s, but when they tire of it, or it becomes a real threat to their fiat. No way they let it continue. To be sure though, no doubt there’s a big Hooyah to those who invested and got out. I never saw the value and it has cost me big time.