Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Spam!

By

PrintPRINT

I like spam. The "meat" is OK, but I'm talking about the email variety. Contrary to the venom that most people display towards this junk mail, I seek it out. Over the years, I've signed up for hundreds of email lists from all sorts of different sources. I'm not a glutton for punishment, so why do I do it? For reasons like this, which is an email I received yesterday:

----------------------------------------------------------------------

RECEIVE A FREE BOOKLET!

Gold Futures and Options

$800.00 Gold AGAIN?

The gold market is off and running again! It's not too late to get on board. Paper currency is being printed 'faster' than ever as confidence in the U.S. Dollar and other foreign currencies continues to deteriorate. War, terrorism and financial turmoil suggest that GOLD is becoming more attractive as the 'safe haven' of choice. China opens it's 'Shanghai Gold Exchange' on Wednesday, September 10, 2003. Do you think Chinese demand will increase prices??

----------------------------------------------------------------------

Email spammers are trend-followers. They see a trend develop, then create an advertising campaign, then send out thousands or hundreds of thousands of emails trying to get you on board. Needless to say, by the time enough of these spammers jump on the bandwagon, it's usually late in the cycle.

This is one of the first (but certainly most egregious) pieces of gold junk email I've received, but it is a good reason why I like spam - it lets you in on the pulse of those trying to profit from a trend. Watch your email box for more of these types of ads - if you're clicking the "delete" button every day from one of these guys, or seeing the infomercials on late-night TV, then you may want to snug up your stops on your positions.


No positions in stocks mentioned.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

PrintPRINT
 
Featured Videos

WHAT'S POPULAR IN THE VILLE