Monday, February 9, 2015

Should you write off gold this year??

CNBC, in all its wisdom, is telling us that the next big wave of gold movement will begin very soon, perhaps even this week.  Except for instead of being down like they think, it will be up along with miners, and not just a little.  In this article, some bonehead analyst by the name of Howie Lee at a disposable financial house that nobody ever heard of says that the jobs report is "the nail in the coffin for gold".

Well, there you go with the old exogenous factors argument, Howie!  Somehow, a good jobs report is bad for gold.  Ummmm, I think that crappy calls like this will be remembered by you and your company for a long time, you arrogant twit!  The wave count completely disagrees with you and the wave count is far more accurate than gut feel calls by herd members.

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