RE: RE: RE: RE: RE: CoastalThe biggest boosters for EAS are the Coffin Brothers, Pescod (because he just follows the Coffins closely and repeats most of what they have to say), and John Ing. I never trusted the judgement of Sprott after the 2008 debacle. They kept talking about commodities until commodities were trashed that year, and that is when they went silent. In one of the earliear posts I gave a link to their returns in 2008. They were lousy. The next thing you know they stopped talking up commodities and then started talking up gold. And then they started sprouting that the next crash was imminent in early 2009. Sprott was appearing with Roubini, Meredith Whitney, and other bears sprouting this line well into 2009. Now he just shuts up. You have to do your own DD and not rely on Sprott. One of their hedge fund guys was on BNN when TIM was trading at around $2 saying stuff like they would never short TIM. I think he was plain lying. Sprott is known for quietly building up positions in stocks and then leaking out info that he is buying the stock. They did this with JAG. For all we know he was selling JAG when others were buying. He was most likely shorting TIM. I wouldn't believe anything that comes from Sprott and his buddies - DO YOUR OWN DD.
Anyway, I thought I would vent a little against Sprott