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sheungcheng
Joined: 10 Feb 2022
Last visit: 10 Mar 2024
Posts: 7
Own Kudos:
Given Kudos: 1
Location: Hong Kong
Schools: INSEAD Aug'23 intake (A)
GPA: 3.44
13 Mar 2022, 03:51
Kudos
Bookmarks
“Over the past several years, investment in precious metals, such as gold and silver, has proven to be one of the most profitable investment strategies for our firm. Over the next decade, the demand for these metals is expected to be strong, largely driven by the economic growth of large emerging markets--China, India, and Russia. Thus, our investors are best served by increasing their exposure to precious metals to take advantage of this unique profit-making opportunity.”
Discuss how well reasoned you find this argument. Point out flaws in the argument's logic and analyze the argument's underlying assumptions. In addition, evaluate how supporting evidence is used and what evidence might counter the argument's conclusion. You may also discuss what additional evidence could be used to strengthen the argument or what changes would make the argument more logically sound.
Your Response:
In this article, the author asserts that investors should increase their exposure to precious metals as the demand is expected to be strong in the future. The argument does not sound convincing as it lacks of evidence and proof to justify the claim and neglect to consider other factors that can affect the price of precious metals.
First, the author assumes that the demand from large emerging markets will continue to be strong. This assumption is not strong as it doesn't consider the uncertainty of the economy in the future. Those markets can be growing rapidly now, but if there are some external factors that negatively affects their economy, such as financial recession, those markets won't deliver as strong as a growth as it is now. Hence, assuming sustainable growth in those markets is not justified.
Second, the price of previous metals is determined by the market with demand and supply. The author emphasizes the high demand from large emerging markets but neglects to consider the supply side of the equation. Higher supplies generally leads to lower price. If there are new sources of metals discovered in the near future, the price of precious metals will likely drop, resulting in a loss in investment.
Third, the author claims that the investment on precious metal is profitable but doesn't provide any supporting to prove his point. There are various investment choices in the market; it will be more convincing if the author can provide statistics that proves precious metals performs better when benchmarking with other investments.
In conclusion, because of the reasons mentioned above, the argument is not persuasive. The author should provide more supporting to address the mentioned flaws and provide more evidence in order to build a stronger argument.
Discuss how well reasoned you find this argument. Point out flaws in the argument's logic and analyze the argument's underlying assumptions. In addition, evaluate how supporting evidence is used and what evidence might counter the argument's conclusion. You may also discuss what additional evidence could be used to strengthen the argument or what changes would make the argument more logically sound.
Your Response:
In this article, the author asserts that investors should increase their exposure to precious metals as the demand is expected to be strong in the future. The argument does not sound convincing as it lacks of evidence and proof to justify the claim and neglect to consider other factors that can affect the price of precious metals.
First, the author assumes that the demand from large emerging markets will continue to be strong. This assumption is not strong as it doesn't consider the uncertainty of the economy in the future. Those markets can be growing rapidly now, but if there are some external factors that negatively affects their economy, such as financial recession, those markets won't deliver as strong as a growth as it is now. Hence, assuming sustainable growth in those markets is not justified.
Second, the price of previous metals is determined by the market with demand and supply. The author emphasizes the high demand from large emerging markets but neglects to consider the supply side of the equation. Higher supplies generally leads to lower price. If there are new sources of metals discovered in the near future, the price of precious metals will likely drop, resulting in a loss in investment.
Third, the author claims that the investment on precious metal is profitable but doesn't provide any supporting to prove his point. There are various investment choices in the market; it will be more convincing if the author can provide statistics that proves precious metals performs better when benchmarking with other investments.
In conclusion, because of the reasons mentioned above, the argument is not persuasive. The author should provide more supporting to address the mentioned flaws and provide more evidence in order to build a stronger argument.
13 Mar 2022, 07:58
Kudos
Bookmarks
AWA Score: 6 out of 6
I have used a GMAT AWA auto-grader to evaluate your essay.
Coherence and connectivity: 5/5
This rating corresponds to the flow of ideas and expressions from one paragraph to another. The effective use of connectives and coherence of assertive language in arguing for/against the argument is analyzed. This is deemed as one of the most important parameters.
Paragraph structure and formation: 4/5
The structure and division of the attempt into appropriate paragraphs are evaluated. To score well on this parameter, it is important to organize the attempt into paragraphs. Preferable to follow the convention of leaving a line blank at the end of each paragraph, to make the software aware of the structure of the essay.
Vocabulary and word expression: 5/5
This parameter rates the submitted essay on the range of relevant vocabulary possessed by the candidate basis the word and expression usage. There are no extra- points for bombastic word usage. Simple is the best form of suave!
I have used a GMAT AWA auto-grader to evaluate your essay.
Coherence and connectivity: 5/5
This rating corresponds to the flow of ideas and expressions from one paragraph to another. The effective use of connectives and coherence of assertive language in arguing for/against the argument is analyzed. This is deemed as one of the most important parameters.
Paragraph structure and formation: 4/5
The structure and division of the attempt into appropriate paragraphs are evaluated. To score well on this parameter, it is important to organize the attempt into paragraphs. Preferable to follow the convention of leaving a line blank at the end of each paragraph, to make the software aware of the structure of the essay.
Vocabulary and word expression: 5/5
This parameter rates the submitted essay on the range of relevant vocabulary possessed by the candidate basis the word and expression usage. There are no extra- points for bombastic word usage. Simple is the best form of suave!
Good Luck
sheungcheng
“Over the past several years, investment in precious metals, such as gold and silver, has proven to be one of the most profitable investment strategies for our firm. Over the next decade, the demand for these metals is expected to be strong, largely driven by the economic growth of large emerging markets--China, India, and Russia. Thus, our investors are best served by increasing their exposure to precious metals to take advantage of this unique profit-making opportunity.”
Discuss how well reasoned you find this argument. Point out flaws in the argument's logic and analyze the argument's underlying assumptions. In addition, evaluate how supporting evidence is used and what evidence might counter the argument's conclusion. You may also discuss what additional evidence could be used to strengthen the argument or what changes would make the argument more logically sound.
Your Response:
In this article, the author asserts that investors should increase their exposure to precious metals as the demand is expected to be strong in the future. The argument does not sound convincing as it lacks of evidence and proof to justify the claim and neglect to consider other factors that can affect the price of precious metals.
First, the author assumes that the demand from large emerging markets will continue to be strong. This assumption is not strong as it doesn't consider the uncertainty of the economy in the future. Those markets can be growing rapidly now, but if there are some external factors that negatively affects their economy, such as financial recession, those markets won't deliver as strong as a growth as it is now. Hence, assuming sustainable growth in those markets is not justified.
Second, the price of previous metals is determined by the market with demand and supply. The author emphasizes the high demand from large emerging markets but neglects to consider the supply side of the equation. Higher supplies generally leads to lower price. If there are new sources of metals discovered in the near future, the price of precious metals will likely drop, resulting in a loss in investment.
Third, the author claims that the investment on precious metal is profitable but doesn't provide any supporting to prove his point. There are various investment choices in the market; it will be more convincing if the author can provide statistics that proves precious metals performs better when benchmarking with other investments.
In conclusion, because of the reasons mentioned above, the argument is not persuasive. The author should provide more supporting to address the mentioned flaws and provide more evidence in order to build a stronger argument.
Discuss how well reasoned you find this argument. Point out flaws in the argument's logic and analyze the argument's underlying assumptions. In addition, evaluate how supporting evidence is used and what evidence might counter the argument's conclusion. You may also discuss what additional evidence could be used to strengthen the argument or what changes would make the argument more logically sound.
Your Response:
In this article, the author asserts that investors should increase their exposure to precious metals as the demand is expected to be strong in the future. The argument does not sound convincing as it lacks of evidence and proof to justify the claim and neglect to consider other factors that can affect the price of precious metals.
First, the author assumes that the demand from large emerging markets will continue to be strong. This assumption is not strong as it doesn't consider the uncertainty of the economy in the future. Those markets can be growing rapidly now, but if there are some external factors that negatively affects their economy, such as financial recession, those markets won't deliver as strong as a growth as it is now. Hence, assuming sustainable growth in those markets is not justified.
Second, the price of previous metals is determined by the market with demand and supply. The author emphasizes the high demand from large emerging markets but neglects to consider the supply side of the equation. Higher supplies generally leads to lower price. If there are new sources of metals discovered in the near future, the price of precious metals will likely drop, resulting in a loss in investment.
Third, the author claims that the investment on precious metal is profitable but doesn't provide any supporting to prove his point. There are various investment choices in the market; it will be more convincing if the author can provide statistics that proves precious metals performs better when benchmarking with other investments.
In conclusion, because of the reasons mentioned above, the argument is not persuasive. The author should provide more supporting to address the mentioned flaws and provide more evidence in order to build a stronger argument.
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