Major Trend Change, page-49

That's right, I did write that and I was 100% correct, I had made money out of some worthless gold penny dreadfuls but I had seen it all before, all the signs of herd behaviour, that was my cue to exit and await the inevitable rout.


Gold spiked upwards vertically and I copped all kinds of abuse from the goldbugs for being wrong, but of course I was right, it was a mania that suckers threw loads of money at, quoting their newsletter writers.

The rout has been ongoing for 3 years with no signs of a bottom, the action's only just begun.