lc_william

Is Norilsk Really Selling Its SWC Stake?

Even if Mark Anthony is correct today, he is the boy who cried wolf.

He has been touting PAL and SWC for several years now. Based on the price of PAL and SWC, Mark has lost everyone, I repeat EVERYONE money. If he is so attuned to global markets, he should have seen the strengthening of the USD and the global slowdown.

These are the two real reasons that Palladium, Platinum and all other dollar denominated assets have gotten crushed yet, for the most part, he appears to skate around global demand destruction and no mention whatsoever of the strengthening USD.

In your December 13 article at $3.58 per share you were absolutely convinced that this price was the bottom (in fact, your article was titled "calling the bottom"). Now the price is down to just over $1. What do you have to say to those investors that invested $10K and are now left with just over $3K... a nearly 70% loss in under 1 year.

Think if you had pushed the opposite way and told all investors to short all of your SWC / PAL ideas or buy put options -- you'd be crowned a genius and we would follow you like the pied piper.

Mark - as you continue to avoid reality and pump dead metals, when do you plan on acknowledging the USD strengthening and global demand destruction?