"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Thursday, April 16, 2009

See the big picture, I implore you

The 'gold community' whatever that is, has its generals, its leaders and its deep thinkers who often do the hard and deep thinking for the gold herd. I have watched for years and years the 'community' march up Hamburger Hill, rag tag bunch with heads bandaged, a couple guys on flute and drum out front with a strident and unyielding general in the rear barking out orders.

Every friggin' time they get mowed down and sentiment shifts from overly confident to very cowardly. Right about now they are dropping their weapons and running back down the hill.