FFS I'm done with silverdoctors. Have a look at their site and the images for each article. As of now there are Tsunamis, fireworks, fires, nuclear explosions, the eye of Sauron, grenades, wolves, house fires and the world on fire. They're peddling fear to get you to buy precious metals. They're a f*$£"~@g disgrace.
Agreed they do have the typical American marketing slant on things. It doesn't mean the information that they make available is not worth being informed of though IMO. We are all grown up enough to ignore the headlines and images aren't we?
@ Pixel8r, "We are all grown up enough to ignore the headlines and images aren't we?" <-- The problem is it isn't just the images, the hyperbole is entrenched in every podcast they make and every sentence they write. They haven't got a clue about anything or the humility to concede they've been wrong for the last 4+ years. I won't go there again. If they won't make any credible effort to time the market, then they're of no practical use. Even the contrary gold articles they post (due to peer pressure) aren't credible, it's just a token effort. Gold only goes up in their mind, because they're consumed by blinkered analysis.
It's easy to remain confident when you keep pushing your timeline out further "The price breakout may have taken a little longer than our initial June 21 forecast; but our forecast stands unchanged for a cycle high in July 2015!"
Looks like we're going to get a weekly close BELOW $1,170 as support becomes resistance. I don't expect a credit event from Greece whatever happens, so gold is going the opposite way to BP's prediction. We should use him as a contra-indicator.
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