Correct, I called gold a bubble when it was $1100 and I was right. It took precisely 1 year to run up 70%, only an idiot couldn't see the trainwreck coming.
Daytr portrays himself as a gold 'expert' in the mould of Peter Schiff, Harvey Organ, and other psychics, but they're consistently wrong.
Read Daytr's posts, read between the lines, they always say, 'it might go up or it might go down'. He's here trying to generate a little cash from gullible goldbugs, like the newsletter writers.
I have consistently said gold's a bubble, the bubble will pop and gold's going to $700 or thereabouts.
I still hold that view, it just takes a little time, be patient.
You guys will have to help me out with this one though, I've never had an answer.
Why are goldbugs dabbling in a commodity that they're forever whining is manipulated and rigged?
Why not just leave it alone and find something else?
