Oh my god, Jon Nadler is not predicting lower gold prices any more, not in today's commentanyway.
I don't read JN very often, just occasionally click in to check on him, you know, to have a peek into the enemy camp.
A few minutes ago I had another peek. I went over the lines, looking for babbles negative toward gold. Nope, I did not find any. All there is in there are neutral comments, even hinting at higher gold price moves near term:"...although resistance is thought to be looming overhead in the mid-$1,430s, the bets being currently made by market participants allude to potential visits to the previous highs near $1,444 or perhaps higher (in the range of from $1,480 to $1,530)..."
The world has truly changed?
jon nadler
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