Another glaring error:

QUOTE:

As the Dollar rises the FED is squeezing those that purchased Gold between $700-1000 into thinking or actually getting rid of their gold. As the next few weeks unfold we believe you will see a capitulation candle in Gold where the FEDS of the world force people to finally relent and get rid of thier gold. We think that capit candle will occur from $665 to about $580

ENDQUOTE

It's in the U.S that gold is tanking. In other currencies gold is hitting new highs. Who in the U.S, besides just a few of us, know how to even spell gold? There are no large public buyers that are going to give up and sell, filling banks back up with gold.

The few that do own gold know darn well what's happening and will try to buy more.