I totally share your experience, Sinbob.

I also have 5-6 friends which have invested in PM shares due to my enthousiasm a number of years ago. However, as sceptical I can be in many things, when it concerns the future of gold and those shares, I seem to get some natural energy and power of conviction which turns any complaint into enthousiasm within no time. I think it is because they can see that the analysis is right, even when the results are still extremely negative.

Sometimes I pity the people I have "enligthened". They were so happy and innocent before, but now feel the black shadows of the bullion banks they didn't know existed and even think they would have done a much better job trading these markets instead of just holding the shares.

I just hope they won't end up losers, because they have shown tremendous patience. Almost 50% of the patience I have shown. But then, their losses are also only 50% of mine.