Well if Sergeant and Nadler are now bullish then I guess the only one left to convince is Gartman. Heard him on CNBC last night saying how the Goldbugs were all very disappointed because "even if all the elements for Gold to rise in price were present, how come the POG was still not moving. He answered his own question by saying that there is deflation in the market and that fact that all this new money wasn't going to be inflationary in the future"

All the pundits shoke their empty heads in agreement. Schiff would have had a field day with those morons.

Later