TSX:SGR.UN - Post by User
Post by
hydra100on Nov 25, 2010 6:41am
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Post# 17755440
PVE
PVEI believe I was incorrect to say he only owns gold. There is an investment manager who does this and I thought it was him but reading the provided artices it becomes clear I do no have the right one.
The articles your provide are quite old in investor terms, one to two years if you do the math and not "deliverator", in which case who knows what you will end up with. I believe he is busy getting either an eye exam or an mra on his head.
PVR predicted the crash we had one year before it happened and did so on BNN. He was totally in cash and when asked on BNN if he missed the huge gains during the year leading up to the crash he said yes but also missed the downside.
Whether it be on gold or a gold stock lots of people get it right or wrong. You used to see Jim Emery from Sprott on BNN all the time but hardly at all anymore. This was thier partner and senior advisor on precious metals. Retired and in background at Sprott rather quickly after recommending a stock on BNN several times which turned out to have no gold at all. Sprott is being sued and Emery off BNN. Even the best get it wrong and Jim is one of the best.