Loading ...Your post was excellent!
“Trader Dan and his ilk (Puplava this weekend) are doing a good job of keeping those who can’t think for themselves OUT of the pm sector.
That’s okay with me; I’m going to need someone to sell to in about six months.”
IMHO, Trader Dan just doesn’t buy into the manipulation theory, and that’s what sets him at odds with goldbugs. It seems clear to every goldbug that pm’s are manipulated nearly 100% of the time. It is clear to me as well. Hard to say why Dan doesn’t see the obvious.
I don’t think that pm shares are like everything else. In other words, a rising pm price doesn’t lift all pm share boats. Your picks of FNV and SWC are clearly exceptions within the sector. I think if you’re going to invest in pm shares your skills need to be exceptional and much better than in the general SM where apparently a rising market DOES lift all boats.
Nonetheless, I think your post was excellent.
Best