Erick Tippett

Is This the Death of Gold & Silver Stocks?

Mr. Courtenay,

I agree with your observation and analysis of the historical market trends and the precious metals in particular. How anyone could be so ignorant concerning obvious facts and consider gold/silver and other precious metals to be part of a "Ponzi Scheme" baffles me. They need to read The Coming Currency Collapse by Jerome Smith and The Value of Honest Money by Pat Gorman. Big mouthed macho bragging about whiz kid shorting antics in the stock market impresses no one with even minimal intelligence!

Anyone smart enough to claim 'success' in shorting the market should
know of the ruthless 'naked short selling' and last minute 'carpet bombing' of precious metal stocks (particularly the juniors) that has gone one with not the least bit of SEC inforcement against these viciously illegal acts, and all done to suppress the stock price of many excellent companies! Legal action by lawyers preparing to pursue class action suits in Canada concerning these very acts is now underway!

My last word to all the 'gold bug' haters (and I've heard as much of their off-handed microscopic minded comments as I care to hear!) is a quote from George Santyana,

Those who don't learn from their history are doomed to repeat it!


EDT
Chicago, Illinois