PM-Newsletter Hucksters Will Bankrupt Small "Investors"
storm888
Posts: 11,701 ✭✭✭
When silver and gold are rising, "The fundamentals are driving the price closer to the true value of the metals."
When silver and gold are tanking, "The 'maipulators' are using 'paper silver' to cheat the peasants."
Snake-Oil to the MAX.
/////
Hopefully, some dollar-crazed-class-action shysters will appear and sue the
newsletter fraudsters on behalf of the little guys who continue to be scammed
by the newsletter "gurus."
It will be interesting to see the trading records of the CROOKS who were
screaming "BUY, BUY, BUY," at $21+. They were likely saying, 'bye, bye, bye,"
to ALL of their LONG positions.
//////////
Anybody who touches PMs now with a buy/hold strategy is paying far more
than they need to. If prospective buyers will be patient, the price will come
to them.
When silver and gold are tanking, "The 'maipulators' are using 'paper silver' to cheat the peasants."
Snake-Oil to the MAX.
/////
Hopefully, some dollar-crazed-class-action shysters will appear and sue the
newsletter fraudsters on behalf of the little guys who continue to be scammed
by the newsletter "gurus."
It will be interesting to see the trading records of the CROOKS who were
screaming "BUY, BUY, BUY," at $21+. They were likely saying, 'bye, bye, bye,"
to ALL of their LONG positions.
//////////
Anybody who touches PMs now with a buy/hold strategy is paying far more
than they need to. If prospective buyers will be patient, the price will come
to them.
Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.
0
Comments
i think you are right,
i have run into a few common folk who traded their physical PM for paper with moonshot promises of $25-$30 silver, yes they were SOLD a bag of BS, they bought at $19+ and some at $20.
most of those get either very pale or red in the face when they think about it, now....
I don't follow the advice of bullion newsletter authors looking to profit on their writings. Frankly, if the FED didn't engineer a fire sale of BSC during that weekend in March and coordinated the charge to hammer metals in Asia overnight, you can be sure that silver would have sailed much higher. What do you think would have happened had the FED gone home for the weekend?
roadrunner