Re: Nadler is on BNN right now
in response to
by
posted on
Nov 08, 2009 11:25PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
I usually just read this forum because I don't usually have a lot to add to the many intellegent posts that are written daily. I have learned a lot from you guys.
But John Nadler just ticks me off! When I first entered the gold market about four years ago, I read his articles because he's supposed to be a senior analyst and I was a newbie!
Every single article he writes, bashes gold...He's talked about a correction every day for the last four years and he especially emphasizes any down day in the gold market....I even recall when he said it was going down to $600 this past summer. This past year, He now gets lazy with his articles by simply quoting words from other analysts that support his opinions.
If I listened to him about Indian Demand down, fundamentals don't support the price, gold production is up, blah, blah, blah.....I would be down big time in my portfolio....Instead I have done my research and have benefited from this downturn in the market by buying the greenbelt quite cheaply.
I think the fundamentals have never been better for gold. Printing Press running non-stop.. American dollar will weaken much more...and even once the economy strengthens, inflation will rear it's ugly head.
In conclusion, I haven't figured out what Nadler is about because he has been wrong for the last four years....But he is a good contrarion for investment. When he says we are in a bull-market, I sell!
Fire the guy!