"Frankly, after all the conditioning we've been through, I just can't comprehend or envision a situation where the PM's slide while the PM stocks get traction. Not saying it won't happen, just can't imagine it."
I agree, but the PM stocks can and should start outperforming the precious metals.
Jim Sinclair in an interview yesterday made a very clear recommendation to PM mining companies on how to chase out the manipulative short sellers.
- First of all, those PM companies that are making good profits should pay an outstanding dividend.
- Second, they should offer the option of dividends as warehouse receipts, that can be exchanged for silver or gold coins, that the PM mining company issues for that purpose. Like that the short sellers become not only paper short sellers, but also physical short sellers and they won't like that.
http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2011/6/8_Jim_Sinclair.html
The fact that Jim Sinclair makes such far reaching recommendations indicates that he also recognizes that there is a serious problem here and that only the CEO's of the large PM mining companies can do something about it.
True, the exploration and development companies would not have such a tool to fight manipulators directly, but they may benefit from the higher valuation of the majors and the M&A that may follow as a result .