Yes, I ski uphill. I don't often take the easiest way in any endeavor. Skiing uphill (as opposed to downhill skiing) is a lot of work, but you actually get yourself from point A to point B (and back again) without extraneous non-skiing interventions. I'm NOT degreed in finance, business or economics, although I hold 5 advanced degrees (BA's in Philosophy, German Lang and Lit, BS in Chemistry, MS in Agricultural Science, Ph.D in Plant Physiology). Following a career in Research Plant Physiology (with heavy use of Analytic Chemistry), I've been working half-time in Health Policy non-Profit organizations and half-time in investing (related research). These latter studies have been mostly in natural resources -mining in particular. I would not call myself an expert in mining, or in precious metals. I would only claim to be an investor who is well-informed. I think a lot of the top financial pundits and bloggers have completely lost sight of what the fundamental concepts mean, despite the fact they use them all the time. The key concepts are used so loosely that they mean nothing at all in the general financial blogging arena, unless you know that particular writer very well. (For example, "high-risk investment".) Facts and careful use of language matter (of course not at all to a pudint's and their TV ratings).