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Just4kicks

3,553 Posts.

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15/06/22

21:57

Post #: 62023516
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Originally posted by Jrowl1: ↑

I think you are right, it only takes a few knocks to the head until I finally get it.

Andy Suckman has turned against gold investing after trying to sell as much gold and silver as possible, going on liberty and finance every week sometimes twice a week saying all the rich people are buying all the gold and silver, it's all going out the door, there is hardly any supply, now is great opportunity, we have silver at just $5 over spot, it's so good and I'm not just talking my own book, I really believe it, I want to help as many people as possible etc etc.

Bill Holter was pumping a small tsx company the other week claiming it is his largest holding and it only mines something like 10koz per quarter and is sulfide/pox gold. Did any of them warn or suggest people listening to their shows tell viewers they should exit mining stocks especially the smaller more speculative ones? NO THEY DID NOT and they are supposed to be the 'experts', unfortunately they never will, their message is buy gold and gold stocks everyday as much as you can, if the value plummets Bill will just give you a tap on the shoulder, welcome to the club buddy gotta learn to suck it up.

How is gold going to compete with Bonds offering 4%?

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4% yield with 10% inflation? not hard to compete with -6% real yield.

Value at posting: $1,391.7
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