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Jim Letourneau's Blog

Investing, Technology, Travel, Geology, Music, Golf. I think that covers it.

Celebrity Recession Pornsters

Brian Milner of the Global and Mail weighs in on the recent bear fest put on by Sprott Asset Management.

Here's an unsolicited tip for the celebrity recession pornsters. You may want to take to lunch some of those former superstar Internet analysts of the late 1990s, to find out just how brief your brush with fame could be.

full article here

Make no mistake, several of the analysts are using fear tactics to push investors into penny mining stocks or newly minted bullion funds. They'll make money even if they are wrong.