I am not 100% sure but I think that Rosen character was on record for a complete collapse in gold a couple of weeks ago. He was dead wrong then, and yet he comes back with yet another bearish outlook? His system is already proven incorrect, and anyone that bought into his logic is watching the metals move higher without being on board. This is pretty much the same story for the last 5 years at least. How many times have we had to put up with smart-ass technical geniuses convincing their subscribers to get out of the gold bull? How many times have the bears told us that the bull market was over? The blind leading the blind!
As long as there are people who refuse to consider that the market is rigged, and the tape has been painted, there will continue to be these bearish calls that are flat wrong.
cheers!
mike