a bit over 2 weeks ago I posted that the POG was in long term down trend (over 2.5 years) .......that post was vigorously disputed, saying I was wrong, and that in fact the price of gold was in uptrend, and also that it would be nonsensical not to be holding gold.......
at the time I made that post gold was at $US1300/ ounce........... it is now at $US1268
so this is my friendly told you so thor as promised - how would you like your humble pie ??
better not eat it all though, save half for me - just in case it reverses.......
