The Prospector News

CPM Market Alert: Cryptos Are Not Precious; Gold And Silver Are

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

CPM Market Alert: Cryptos Are Not Precious; Gold And Silver Are

 

 

 

 

 

Since they first emerged in 2009 CPM has contended that the private crypto currencies were worthless, empty shells. Seeing them as nothing more than a legal Ponzi scheme, we have predicted that the ‘market’ for cryptos would be littered with scandals and inappropriate losses, ultimately disappearing.

 

Our view has been and continues to be that the best historical analogy for cryptos was the internet stock boom and bust of the late 1990s. In that earlier delusionary ‘investment’ mania outrageous valuations were given to virtually non-existent companies’ stocks. Three college students literally raised $100 million or more with a five-page ‘business plan’ that was nothing more than a concept, or a pipe dream.

 

Click Here To Read The Market Alert

 

Courtesy of the CPM Group

 

Posted November 18, 2022

Share this news article

MORE or "UNCATEGORIZED"


Maple Gold Reports Douay Drill Results from H1 2022 Drilling

Maple Gold Mines Ltd. (TSX-V: MGM) (OTCQB: MGMLF) (FSE: M3G) rep... READ MORE

December 1, 2022

RIVERSIDE RESOURCES RECEIVES US$2,500,000 IN CASH AND RETAINS 2% NSR ROYALTY FOR THE SALE OF THE TAJITOS GOLD PROJECT TO FRESNILLO PLC

Riverside Resources Inc. (TSX-V: RRI) (OTCQB: RVSDF) (FSE: 5YY) ... READ MORE

December 1, 2022

SITKA DRILLS 180.0 METRES OF 1.04 G/T GOLD WITHIN 305.2 METRES OF 0.78 G/T GOLD AT ITS RC GOLD PROJECT, YUKON

Sitka Gold Corp. (CSE: SIG) (FSE: 1RF) (OTCQB: SITKF) is pleased ... READ MORE

December 1, 2022

Power Metals Intersects 20.25 % cesium over 1.0m and 3.10% lithium over 2.0m at Case Lake

Power Metals Corp.  (TSX-V: PWM) (FRA:OAA1) (OTCQB:PWRMF) is ple... READ MORE

December 1, 2022

G2 Goldfields Drills 50m @ 1.71 g/t Au in New Zone & Trenches 36m wide Stockwork with V.G.

G2 Goldfields Inc.  (TSX-V: GTWO) (OTCQX: GUYGF) announces that... READ MORE

December 1, 2022

We acknowledge the [financial] support of the Government of Canada.

Government of Canada Supported
Copyright 2022 The Prospector News