You talking about the JP Morgan that is paying out billions in fines? Yea, I would take what they say as gospel.
For what it's worth, pretty much all longs in precious metals has been getting butchered. As has been said, "the solution for lower prices is lower prices". How low and for how long is the question?
Don't know if stock will be positive at the end of the day but I was looking for an opportunity to buy more at a much lower price. I look at the drop as a gift.
I would also add to be careful on the predictions of the prognosticators. He called SA a buy recently when it was at $11 or so, and you can see where it is now.
When you say no other investors such as Fidelity can purchase shares, I'm not sure what you are referring to? I have a Fidelity account, and I own RGR.
Yea, and the Bronco's will win last Sunday....real Einstein's they have working there.
Could be, but with all the world playing the print until there are no trees left game, what will the countries use as an means of currency to transact international business? Roosevelt didn't see Gold as useless when the world when kind of nuts back in the 30's as he decided that Gold was so useless that he decided that the Government should have it all.
Quite true, the only fly in the ointment is wondering what a bankrupt government would do to appropriate money from brokerage, retirement accounts, etc. So in effect the companies would be earning increasing profits for the government and not so much the stockholders....just a thought.
Looks like his "pumping" of this stock through his fancy mail advertising brochure is having the opposite effect. This thing is dropping like a lead weight.
Do'nt know, could be nothing more than the realization that the government will keep printing money and it's better to have money invested in assets that tend to rise as the currency becomes more worthless.
Unfortunately, the market doesn't think so.
Ahhh, projections are sort of like opinions, and you know what hey say about them. Some of the analysts will be right and others will be wrong, but one thing is certain, you won't hear the analyst's talking about how they got it wrong on their projections(predictions) when they miss the mark, but they will never let you forget the times when they made the right call. Sort of like the gambler who only talks about the times he won.