If he is right he will probably be able to sell his crystal ball...

If he is right he will probably be able to sell his crystal ball for squillions.

While I agree that gold's trend is up and that $432-$430 MAY be the bottom of this corrective phase I just don't know how he can come up with such definitive numbers and speak of them in such absolute terms.

There is still the slight possibility that gold may retreat to the $423/4 level before exhausting this corrective phase.

I did like the price action of stocks such as NCM and CRS today (I hold the latter) - so we may have seen the worst in this pullback for gold.