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Expect Major Silver Price Spike As COMEX Inventories Decline ( is this true)
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<p>[QUOTE="treehugger, post: 1514169, member: 28451"]There are a number of "companies" that employ a scam strategy called "pump and dump". Basically, they own something such as a precious metal or stock, etc. and they would like to see the price rise so they can sell it.</p><p><br /></p><p>They pump up the supposed value of owning the thing so they can dump it when it reaches a higher price.</p><p><br /></p><p>Some of these companies seem very legitimate and do sometimes provide interesting commentary. This is not their real purpose, however.</p><p><br /></p><p>The people who suffer are those who make purchases because of the touting of these "companies" as the price of the item goes up. However, when the price declines, the "investors" are often left in worse shape than before.</p><p><br /></p><p>Just remember there is no known person alive who can accurately predict the future on a consistent basis. Predictions have very little value.[/QUOTE]</p><p><br /></p>
[QUOTE="treehugger, post: 1514169, member: 28451"]There are a number of "companies" that employ a scam strategy called "pump and dump". Basically, they own something such as a precious metal or stock, etc. and they would like to see the price rise so they can sell it. They pump up the supposed value of owning the thing so they can dump it when it reaches a higher price. Some of these companies seem very legitimate and do sometimes provide interesting commentary. This is not their real purpose, however. The people who suffer are those who make purchases because of the touting of these "companies" as the price of the item goes up. However, when the price declines, the "investors" are often left in worse shape than before. Just remember there is no known person alive who can accurately predict the future on a consistent basis. Predictions have very little value.[/QUOTE]
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Expect Major Silver Price Spike As COMEX Inventories Decline ( is this true)
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