How Big Is Your Gold and Silver Picture?

Jon Economy, Gold, Market Commentary, Precious Metals, Silver

Whether you surf the Internet for information about the precious metals and mining stocks or receive newsletters by snail mail, you’re exposed to predictions by all and sundry:
How high will prices go?
How long will it take?
Will they remain elevated if/when they reach record nominal and/or inflation-adjusted highs?
Truth be told, all of us are “inquiring minds who would like to know.” We want to believe that someone somewhere can predict the future. So we seek out gurus who might have special knowledge that puts us on the inside track.
It could be on a site like GoldSeek.com, where newsletter writers publish a portion of their work a short time after subscribers have read the current issue (perhaps from a subscription costing $10 a month…or $3,000 a year).
At the edge of propriety, a small number of “tire kickers” – the bane of the subscription newsletter industry – sign up, take a position in the recommendations, and then cancel their subscription.

This post was published at GoldSeek on Friday, 28 October 2016.