fiscal cliff, page-71

Andy,

I've been mistaken, I thought you were a guy with a sense of humour, obviously not, unless you're beginning to crack under the pressure.

There's nothing special about gold, not to me anyway, I'd rate it as important as the dozens of bales of silage I've got stacked in my paddocks, useful in an emergency, only more portable. Gold might be very handy if you lived in North Korea or Somalia.

Despite all the talk about debt, money printing and everything else gold refuses to rise, which means it's probably headed south.

Reuters technical analyst believes gold will drop to $1397 - $1447 over the next 3 months. My EOY estimate for gold of $1325 might be way too high, which reminds me the word 'manipulation' seems to be passe, now it's 'intervention' or 'not a free market'.

No one has to thank me for saving them from gold, looks like common sense to me over the last 16 months. If all the world's goldbugs go bankrupt it will be neither here nor there to me, as always, it's caveat emptor.