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S W
Member since May 2012
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has posted a comment on the article :
>SIGNIFICANT DEVELOPMENTS IN THE PRECIOUS METALS MARKET: Where We Go ... - Andy Hoffman - Miles Franklin
You do not invest in Gold and Silver.
Rather you De-invest in Dollars.
And why wouldn't you? It has already lost about 97% of its purchasing power.
The author just does not seem to get it and hasn't for years.
His idea is Buy PM's so at some time in the future he can sell them to make more dollars.
He also thinks that markets are rigged and uses that excuse to cover his wrong calls on the speculators price movements.
He would do well to read Weiner's work.


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Beginning of the headline :As the U.S. Stock Market Bubble continues upward toward a giant pin, there are some interesting developments that precious metals investors will find quite interesting.  Yes, there’s still a lot of life left in the precious metals, even though pessimistic market sentiment has frustrated a lot of gold and silver investors. Also, even though precious metals investment demand in the U.S. has fallen 40+% compared to the same time last year, it continues to be strong in other parts of the world.  For... Read More
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