Anatomy of a PM pusher's work

I can't really fault you for not wanting to have that type of negativity projected upon you medoraman. That's the same reason I can't stand shows like South Park and Family Guy. Even though parts of them are plenty funny, at the end of the day they've just rotted my mind and put things inside my head I'd rather not have there. Same thing with the majority of advertising.

In the case of your article, if we are to make a leap of faith and assume that what is being purported is true, it isn't surprising that the person disseminating this information might be a bit upset about it and allow for more emotion in their writing than would be advisable in order to be effective. It's not always an easy thing to do to be objective with such things, but ultimately if it is valid information it will not rely on this single article which does have a strong element of sensationalism. I'm not out to prove it right or wrong, but for me personally the wording isn't abrasive enough to steer me clear of it. I just add a few extra grains of salt

 

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Fair enough sir, and if I have at least made people think about such phrases and why certain authors use them intentionally that was my main goal.

 

and to be totally fair, calling the author a PM pusher is just a bit inflammatory as well.

Then again, appealing to a specific target audience isn't really all that bad a thing, is it?

 

I think it is bad when it is deceptive and overstated. Any balanced analysis should cover the risks and negatives from holding gold as well as the positives.

 

Peace, please see my last paragraph on post #20

 

but there aren't any risks or negatives to gold. so it's all good. ranting is good for the soul sometimes.

 

Am I the only one here who has actually corresponded with Jeff Nielson?
o.k., well then I'll play devil's advocate too. Some of his technical stuff (data) - elsewhere & previously - was informative IMO.

But yes, he's abit... hysterical. So in an 'up the dosage' sort of way I cut him some slack. Personally, I never imgained he's smart enough to be considered "manipulative" but I'll grant that his ranting side "pushes buttons" (and I knew that long ago.) Lots of square peg/round hole folks do that too, in different ways. You really have to expect that in the contrarian-curmudgeon demographic of Angry White Guys.

All that said, I scan the format (to see if it's soap-boxy) but usually ignore his opinionated stuff (because it is, mostly.) I am surprised people here haven't read him before - he's been 'out there' awhile now. And he does have an audience - just like FauxNews!

 

I agree, but no evidence has been put forward that indicates this article is deceptive, only that it's playing on peoples' emotions which I also frown upon, and it's only overstated if it isn't true. Unbalanced, no argument there, but if one side of the scale is heavier than the other it is what it is.

 

I hope this post was meant to be sarcastic!!!!!!!!!

 

The problem is not that one side is heavier than the other, it is that there is no other side at all. That is what makes this article a sales pitch, and not investment analysis. There is always another side to things. Also, we are not getting into content here, so it is not a matter if it is true or not. The fact is this guy has no intention of providing a thought out, balanced analysis of gold. His agenda is different, plain and simple.

 

The article is a commentary. Clearly says so.. I usually figure a commentary to be the writer's opinion. I read the article, then read a few more by Mr. Nielsen; they all have the same flavor. Interesting. I don't dismiss the writers message, even if it seems 'dramatic' (I think I'm used to this type of writing.)

I think you have to try to look past the style, Medoraman, and glean what you can out of that article. There could be something in there...

Lucy

 

Yeah, me too. To say buying a commodity that pays no interest, (in fact costs you money to store it, negative interest really), and can not only not keep up with inflation but go DOWN has no risk at all to me is simply untruthful. True, it cannot really go to zero, but there is PLENTY of risk owning PM, trust me.

 

Of course there is risk, but I'll go back to my original statement that he is appealing to a target audience that is probably convinced of a systemic failure of the current monetary system.

There is plenty of money to be made in PMs in the physical game. To buy it and just sit on it could also be a winning strategy, and it could just as easily fail. You are however missing a little piece of that puzzle when you consider that typically the dollar and PMs tend to have an inverse relationship. So when the dollar is rising and PMs are falling and you sell, you are selling and getting a stronger dollar for your PMs, one that buys more stuff....that's the theory anyway...

 

As a bonus, here is how you destroy a PM pushers work....by an actual industry expert...

http://www.perthmintbullion.com/us/blog/blog/12-10-31/Response_To_Miles_Franklin.aspx

 

Itry to take the high road when i start to read something like this.
While this is America and i understand we have the right to freedom of speach i also know somewhere there is an on off switch i can use when i am a bit fed up with the bull.
I am not owned by my tv or news articals.
It dosent take anyone smart to read or hear a few lines to know where the story is going and its up to you to see the end or to end it yourself.

 

That's hilarious! I know Bron too - very nice guy.

Both Bron and Jeff work in the same industry - Bron's no PM permabull Doomer, but how are we defining "expert" exactly?

 

Nice post. I am glad to see someone rebute illfounded and misleading posters, but the sad fact is many who read the misleading information never find such rebuttals.

 

I can live with somebody that earns a living by working for a respected mint in a pretty high up position. If you read Bron, you know his stuff is level headed and business oriented, not cheerleading nonsense.