I would say his feelings on this are because he's a shill for the junior resource sector and he profits, at least indirectly, from people investing in the junior resource sector. He made the same "mistake" in 2008. Plus, his suddenly dropping his "tracking list/model portfolio" down the memory hole (à la 1984) with the transparently lame excuse that he became suddenly aware that people were actually interpreting his advice as advice (remember all his "Opportunity knocking?" posts) when he really didn't mean it that way (LOL) make him highly suspect. Obviously, I'm not a Peter worshipper as many of you are. As Klaus once stated, everyone's a genius in a bull market.