by Jason Hommel, December 10th, 2009Last week, I asked my readers to tell me what it's like when they try to convince their friends and family to buy silver and gold.
What do Your Naysayers Say?
(Why won't your friends and family listen?)
The letters poured in, 112 of them, which you can see, here:
What Naysayers are Saying; 75-112 of 112 December 9th, 2009
What Naysayers are Saying; 38-74 of 112 December 8th, 2009
What Naysayers are Saying; 1-37 of 112 December 8th, 2009
No, you didn't miss an email. I didn't send any of those reports out, they are too long.
Here the arguments, summarized, put into similar categories, and counted, to see the most popular arguments, both against, and for, owning the precious metals:
This is probably my most important report of the last 5 years, if ever. This is ground breaking research. Few others could even conduct this market research, as I have a large email list of 80,000 readers. This could be a psychology study or PhD thesis. It is an amazing picture of society today. With 112 responses, with each person trying to talk to about 10 people on average, then this is a summary of what over 1000 people are saying against precious metals. Now, knowing human psychology, these reasons to not buy gold might not be all the real reasons, or deeper reasons, which sometimes cannot be properly articulated, but it's close. Especially when so many say the same kind of things. (more)