/biz/ - Business & Finance

Our friend from IKN, who attacked Tinka Resources, has just written another hit-piece on silver.

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"The moment when economic reality smacks all those wild fantasies about silver around the back of the head with a solid piece of 4×2. It’s one of the signals this desk has been looking out for and while silver will get short relief rallies on its way back down, the stuff and nonsense about its investment potential as an asset class is from today left with the Eric Covidiot Sprotts of this world, the ones that need their bank balances kicked all the way back down again along with their fetish metal before they get the point. At what point does the latest crop of newbies twig that Keith Neumeyer is a true moron about anything connected to numbers? Hopefully faster than the last cycle, there were people falling for his nonsense as late as 2013 last time. Let him teach you about sales techniques and human psychology, not silver bullion.

For the rest of us, we level-headed people who understand gold’s true value but don’t get carried away of masturbatory fantasies about the upcoming Weimar Republic, this signal is a promising one as it’s what we need to change the market from its reckless free-for-all into a stockpicker’s playground. From here on, those companies worthy of consideration at U$1,900/oz gold (or U$20/oz silver, if you insist) are the places to look, not the pages of paid-pump-promo vehicles or Usual Suspect management and boards of directors."

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IKN finds itself wondering what new market participants think of Keith Neumeyer’s economic and intellectual prowess this morning, what with his call for hundred dollar ounce silver hitting that troublesome road bump we sentient humans call “reality”. Mind you, we have to admire Keith’s timing on getting Eric Covidiot Sprott’s cash before the hammer came down, that’ll keep him in tequila.

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https://iknnews.com/