http://srsroccoreport.com/mexico-si.../mexico-silver-production-down-a-stunning-10/ The bar chart shows tonnes. 2012 jan-may = 2286 = 73,5 Moz 2013 jan-may = 2062 = 66,3 Moz The difference is 7.2 Moz That's 2012 - 9.8% On August 4, 2013 this silver doctor extrapolated this trend 5 months to the entire year (so 7 months no data, quite an 'assumption') Note that this doctor used Thomson Reuters data after discarding CPM Group data. Thomson Reuters is the same data provider for Silver Institute. So if the doctor judged Thomson Reuters as the most reliable source, he should acknowledge next data too: https://www.silverinstitute.org/site/supply-demand/silver-production/ 169.7 - 162.2 = 7.5 7.5 is 2012 + 4.6% The silver doctor assumed 7 of 12 months. And turnt out 9.8+4.6=14.4% wrong. Now visit this: http://srsroccoreport.com/?s=mexico Do you see any followup article that reports the higher instead of expected lower production? I don't. Instead I see this article from August 25, 2013 so just 2 weeks after aboves article: "Future Silver Supply in Question as Mexico Oil Production Declines" Recognize what they do? These medics select and report any element, regardless % impact on total, that suggests a silver price bump, and extrapolate it in any degree that suits them. All the rest, the opposing elements, they totally ignore. Like in a football game, where they take a picture everytime team A makes a goal, never take a picture when team B makes a goal, to then run to the press showing the picture(s) of team A's goals, to claim a team A win. I can give another example of how selectivity can draw a totally different picture. Mine Production 2012 792.3 2013 819.6 Note how aboves wrongly predicted Mexico -10%, being -7.2 Moz over 5 months, thus extrapolated to -17.28 Moz for a total year, would STILL not have made 2012's total mine production drop, because 819.6-17.28=802.32 so still bigger than 2012. And even this Mine Production on itself is already nothing saying on its own. Why: look at another element, scrap recycling: 2012 252.6 2013 191.8 That dropped with 60.8 Moz, so more than undid the Mine Production increase. And even the combination of both, can once again give a wrong picture. Because other supply/demand classes can change the picture once again. You can only get more correct, while you add data elements to those you had, until you have most/all. And only then you can make an accurate statement. These Silver Doctors, do the very opposite. And be sure, it's not stupidity. It's a propaganda machine. To make you buy SDbullion. And stories like this one get copypasted all over the bullion scene. Just search for the articles title. To make you buy ANYbullion at ANYprice, preferrably higher. [imgz=http://forums.silverstackers.com/uploads/1798_squestionsd.jpg][/imgz]
Why would they feed us anything but good news on PM prices going to da moon? Plenty of ppl criticising them on this - see comments on their articles especially the more dubious ones. However there ain't any incentive for SD to change tune unless...... If they can massively profit on the way down
If they have any incentive, I'll help them cultivating one, along posts like aboves. And check this: He didn't get back. It didn't qualify for the SD propaganda anymore.
Because it's pretty useless to tell people, that try to mislead other people, that their stories are misleading. Showing the methods, used to mislead, to potential believers is more useful.
I find it just a waste of time. What else? Suppose I contact them in a private fashion. What can I expect, if anything? Suppose I contact them in a public fashion. For ex a reply on the site page of the article that I reference here. Then what? It's a propaganda machine. Old articles get mowed down as fast as they were placed. I always go for the most efficient solution. Being explaining how the scamming works, on a place that potential victims of their stories frequent. That's what matters to me. The rest, Silver Doctors itself, is for me an 'ohwell'. If they care, they can visit forums like this, and read and respond to topics like this. If they don't visit, and don't see it, then they don't care too. Simplicity and tranquillity, the road to peace, happiness, and a long life. Although it had a recent fail, but some luck came to the rescue and my long life may not suffer.
