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Message: Nadler, nuttier than a fruitcake

Nadler, nuttier than a fruitcake

posted on Dec 18, 2008 02:16PM

It's really sad that a writer with Nadler's abilities should take the dark side with his efforts at deception. Nadler in his article today Dubai Buy, Bye-Bye is scaping the bottom of the barrel by quoting a news report, "Dubai Gold Sales Suffer Slump By Up To 80%.

Far more significant news is that Swiss mints are working three shifts to satisfy customer demand of gold coins and bars while people remain at home. This was reported to me today from Germany as it was in some recent news releases.

Since 80% of the gold jewelry purchasers are tourists visiting Dubai, Nadler uses their reluctance to purchase gold items as meaningful in stirring up negative thoughts concerning gold investment. I would be inclined to think that the stock market losses have more to do with tourists not buying gold or other gifts while on vacation rather than their attitute towards gold.

Then in Nadler's article he takes a shot at Platinum. Not one mention of platinum as a precious metal but as a suffering metal because car manufacturing is hitting the skids. Then Nadler guesses that a price cap is on the precious metal. No talk from Nadler that historically once platinum sells below gold's value that it has been a great buy as happened a few days ago or so.

It's too bad that such a great writer has to come across as being just another hired gun for the cartel.





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