Re: I think this is Jim Willie's article Cowboy mentioned
in response to
by
posted on
Mar 16, 2012 11:54AM
(Edit this Message from the "Fast Facts" Section)
Jim willie is a very brilliant writer and he really knows his 'stuff'. I have followed him on and off for years...and like so many other experts out there, he too has been foiled by the unbelieveble power and momentum of the evil empire....along with so many others. None of them ever dreamed that the emasculation of the PM/JPM stocks could ever have lasted so long or been so deep.
I was cleaning things up a few months ago and came across several of JW's (sounds better) old missives going back several years...and they could easily have been written today. Based on such 'empirical' data, along with daily pearls of wisdom from Bill Murphy and all his guests on LeMetropole Cafe, John Embry and several others, I invested hugely into the JPM sector ( like ECU). After all, I thought, how could one go wrong with all that brainpower and experience behind your investment decisions? Wrong.
So, here we are years later, and 'soon' the PM/JPM stocks will rocket up. Thousands of charts and opinons have said such... (like Stewart Thomson and dozens more)... ahhh, a huge head and shoulders chart...or how abbout a massive pennant that could shoot to the upside...etc...time and again. Sorry...must have read it wrong. Well, not really. What you have is a market blessed with every nature of chicanery know to thieves. Let's just call it 'not for profit selling'.
Will it happen? Will the JPMs ever 'make their move'? Oh yes, they will sometime. But unfortunately for so many poor slobs that have been badly burned, it is too late. And these guys who have made a living off their well meaning prophecies are still at it. Some have $millions...some bought the bullions in 2002 at $250 and never looked backed. Hey, if you were a Jim Sinclair you have been right...but just a little off the mark...not enough too really affect you in the pocket book. At least he donates much tiime and effort on a daily basis trying to educate the ....well, not the little guy so much as the middle guy. If you were and Embry or a Sprott, both of whm I have the utmost respect for
So, be careful what you read and what you believe. I have been just as guilty in my own little world as those above forementioned...so, guilty as charged.
But please people, when I come here and see that so many seem to be ignoring the absolute fact that we are up against unbridled corruption both at the macro and the micro stratas, please keep that in mind for your own sakes. SFMI has hundreds of millions of both legitmate (and in my opinion) and counterfeit shares out that it will take huge volumes to move it up...and only after solid news; many several solid NRs. Believe me, the many bastards that are toying with the legitiimate shareholders here will continue to do so.
Do yourselves a favor and go back and read some posts from one, two and three years ago. Even though there has been solid progress on may fronts, even though the price of gold ad silver are much higher, the stock is more manipulated and in the toilet than ever. Everyone, and I mean everyone, is making money except for the legitimate shareholders. Oh yes, we will hear from the brilliant traders who bought low and sold high...oh yeah. And then there's the never ending litany of 'buy now' before the stock goes up....that,again, if you look back has gone on for ever.
So, when you buy at 4 cents, how can yoou lose? Right?