I love the title of the piece below: "Precious Metals Moving Closer to Bottom". It typifies the gold-bull-at-any-cost, perma-bull mentality that prevails on some websites.

There was a time when I would stay invested in pm's as they went down because of articles like this, thinking I would shortly catch the bottom and soon recoup any losses incurred while waiting for the bottom to come in. Because there was a time when they were right on. A few years ago. But not now. Crazy.

Find a good analyst like David Bensimon or Alan Micik (though unfortunately Alan is winding down his advice business) and follow their advice like gorilla glue. Unlike people like Gary Savage they don't change their minds every few minutes, and they are invariably right - or at least close. Armstrong is good too.

And stick with Tyhee, it will work out, as prices decline so does the cash advantage. The no-cash disadvantage is vulnerability to take-over. Lots of no-cash disadvantage out there. And don't forget, Tyhee has the Yellowknife. Yellowknife the city is in need of industry. Ike

http://thedailygold.com/precious-metals-moving-closer-bottom/