Re: Two things to watch
in response to
by
posted on
Apr 09, 2009 11:10AM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
It would seem that from various sources we are being sold worry and market confusion concerning our speciality investments. Nadler, as was Greenspan, is a passionate talking head but what does he produce? They both take extreme in their stances with jumble-talk and blind confidence, a dangerous receipt for the gullible. Where is the responsibility here? Nadler, seems like some type of frustrated nerd with his reaction to the always calm and collected sinbob.
There is plenty of reason for Nadler to be frustrated, his handlers are obviously putting a lot of heat on him to trash gold and sinbob obviously is not one of his believers. Nadler's position is quite clear, create a movement against gold. Nadler squeaks into the gold camp by expounding his position that investors should hold 10% of their assets in gold. So, now he feels that he has a bonifide dais within the group to trash it?
Nadler refused to bet Jim Sinclair a million dollars that gold wouldn't reach $1650 by Jim's cut-off date but tells sinbob that the metal is going to $650? Nadler told me the reason for not taking the bet was that he has enough money. If he does, then does it not please him enough, but now he has to misled people that are just attempting to protect their families from wealth loss? So, it would appear that Nadler has some other motives that would appear well hidden from public view.
Nadler's hidden motives may be that he is a fanatic or just a hired gun, or both. One possible question for Nadler is, after gold moves much higher, well past $1650, what topic will you flip-flop your fanaticism to next? Will you go after other stores of wealth like some of the other precious metals or diamonds?
What is so bothersome concerning Nadler is his absolute certainty, like Greenspan's, coupled with his inability to understand the historical nature of gold. When has Nadler ever mentioned the destabilization of government, especially the states, for any part of the reason for gold being higher today?
Nadler produces worry and anxiety, that's his job. How pathetic.