Loading ...Trying to remember the last time McEwen was right about the gold price. I’m sure it’s been over a decade now. I’ve put a lot of faith in McEwen, both in his forecasts and in his shares. Shame on me.
Then again, I did the same thing with Sinclair. I really don’t think either of them were prepared for the level of Fed manipulation they were going to be up against.
Gold is truly the only asset, besides maybe silver, that the central banks cannot allow to compete with their fiat currencies. Besides being able to destroy the metals with paper, they can also destroy the shares with paper.
There are no markets, just manipulations. I almost feel sorry for McEwen, but he’s in a lot better shape than his shareholders. Same with Sinclair.