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  • Will Silver And Silver Wheaton Keep Falling? [View article]
    Other countries and banks are buying PMs hand over fist, and silver commands a $4.00 to $7.00 per ounce premium over spot and it is in short supply even at that rate. Why are so many people trying to talk the price down? People are being talked out of PMs and herded into stocks that look riskier every day. "Financial experts" are talking one way today and another way the next day. Highly rated companies one day are rapidly downrated a day or two later. Why would anyone get into the stock market under such suspicious circumstances? Other countries seem to have stopped buying our debt and we are printing billions of empty paper dollars and still the American dollar soars up...or maybe down for some unclear reason.
    European countries are in recession or are virtually bankrupt and many countries are trying to dump the American dollar as the world reserve currency. Some people talk about the economy with such self assurance that you would think they had access to next week's newspaper. Frankly, I don't trust anybody or anything in today's world, so I'll buy PMs on the dips and continue to delete the financial advisors without opening them. Investing is a path to poverty in times like these. The only way to truly measure success is where you stand after the final trade.
    May 17 01:11 PM | 1 Like Like |Link to Comment
  • The list of 52-week lows reached today is littered with miners and resource names: ABX, ACI, AG, AKS, ANV, AU, AUQ, AUY, CDE, CLF, CVE, EGO, EXK, EXXI, FCX, FNV, FST, GFI, GG, GOLD, HL, HMY, IAG, IPI, KGC, MHR, MT, MTL, NEM, NFX, NG, NGD, NOG, PAAS, PWE, RGLD, RIC, SA, SAND, SGY, SSRI, SVM, TCK, TGB, TRQ, WLT, WTI, X[View news story]
    I never saw such a bunch of rabbits in my life. One correction and the entire gold industry, including the "experts" heads for the exit! I have looked all through the computer and haven't found one "expert" that I believe has given a reasonable explanation of what actually happened in the market today, why it happened, or what we really ought to do about it. What frauds! I can't see a single reason to change my investment strategy. It's a dangerous world out there.
    Apr 16 01:56 AM | Likes Like |Link to Comment
  • The Gold Market, Stocks And ETFs Weekly Report July 27, 2012 [View article]
    No comment at this time. Academic interest, occasional investor.
    Jul 30 12:43 AM | Likes Like |Link to Comment
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