If you remember back a while I had this argument last year when...

If you remember back a while I had this argument last year when I said gold would decline to 700-720 and I nearly got raspberry out of the place.

The key is to always remain open minded and be willing to change when the numbers say you should. If gold goes below 900 gold is done for and I would say the next resistance is 600-650, if Gold can break 990 and then travel through with confidence past the previous high of 1050 I will jump on as well

Charts are without doubt extremely useful, although they must be read in the context of the fundamentals, there are massive deflationary forces in play at present, so massive they are without peer since the 20s-30s

If broader equities and commodities role over as I expect they will there will be a generational blood bath that make last year look relaxing

There are two ways to read Adwebsters chart the right one way is very unclear at present