The problem is he's got his followers out of gold only a week earlier.
"As we likely got off the train at exactly the wrong time a week ago, seemingly just before it leaves the station, and we got the first jolt of movement on Thursday, we are clearly in an awkward situation with regards to reboarding it, which may have to be done in a hasty and rather undignified manner. Readers who concur with the views expressed here should take the action appropriate to their individual situation, which will depend in part on the extent to which you heeded what was written in the last update."
At http://www.clivemaund.com/article.php?art_id=68
My comment:
I guess that's what happens when you pretty much rely on technical analysis in a market that is clearly manipulated. You'll get whipsawed in and out at great expense to yourself. As we can see here. Sell low. Buy high. This will become even worse imo when the gold bull becomes much wilder.
