GOLD 0.51% $1,391.7 gold futures

nadler cops some great verbal, page-9

  1. 919 Posts.
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    I tend to agree with Cluster here, whilst I also would prefer that the gold price is a lot higher, Nadler's analysis has been good. It is disapointing that he sometimes ridicule people in his article, however if one considers the amount of "hate mail" he probably receives and the continual bashing by the conspiracy theorist then it is understandable.
    Being in his position he has a lot closer handle on things than we have and the facts re a slowdown of purchases in India and the Middle East are for all to see, also the increase in scrap sales will put a dampener on things.

    With regards to an audit, I do believe that it is warranted as you can not ignore something like that indefinately.

    With regards to central bank manipulation I am not sure that is totally correct, at least not deliberate, I more belief that some central bankers no longer believe in gold being the storage of last resort, instead having more faith in their bonds.
 
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