Posted by Francis Koh on 04 Apr 2014

The Grand Deception In the Precious Metals Industry

However, there is another big problem taking place in the precious metal industry that has frustrated me to no end.  This is what I call the “Grand Deception.”

Let me explain…

The market sentiment in the precious metals is at an all-time low.  Banks and brokerage houses are now coming out with the typical “Gold’s going to $1,000 or below forecasts.”  Then we had this GEM from the wonderful folks at Natixis, “$10/oz Silver in 2015 Among Natixis Scenarios.”

With the current low price of gold and silver, including all the negative press coming from MSM, many precious metals investors are increasingly frustrated and concerned about their metal investments.


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