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Is anyone else getting a lot of junk mail soliciting gold stocks (esp junior miners and penny stocks

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posted on Mar, 29 2011 @ 09:22 PM
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posted on Mar, 29 2011 @ 09:25 PM
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reply to post by CosmicCitizen
 

It seems like I have been getting a thick packet of information offering newsletters and research services promoting smaller gold mining companies about once every week lately (another one today)? I am wondering it if is because it is easier for newsletter writers and resource stock brokers to market themselves with metals at these levels or is it a way for the major holders of these stocks themselves to distribute shares to the public at these higher prices and they need more buy volume to sell into without driving the prices back down too much. Anybody else getting these? Thoughts?

edit on 29-3-2011 by CosmicCitizen because: (no reason given)



posted on Mar, 29 2011 @ 09:39 PM
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In regards to stocks, unsolicited advertising screams pump and dump scheme. As for the gold, prices were set to raise after the housing crash and unscrupulous people have been trying to cash in on it.

The companies that claim to melt down your old jewelry and give you cash have been ripping off ignorant folk for the past few years, giving pennies on the dollar. There is enough fraud and bad-business associated with it right now that it is starting to resemble all the small mortgage sellers when b-credit (and sub-b) was available.

Don't forget ATS
All the people linking "articles" and "news stories" to these companies that are claiming to give a "professional analysis" of the market. Professional analysis = buy gold.


You hit a real conspiracy... Don't expect much attention though, people here don't really care about those....
edit on 29-3-2011 by boncho because: fix



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