we have to be close to the bottom. here's why:

for the past few months that i've been stalking this board, i'm usually the pessimist. (i still am...but ignore that).

i've been reading through the posts for the past few hours and they're gloomy. talk about despair!

and amongst the cheerleaders!

that can only mean one thing.... capitulation.

if the biggest cheerleaders out there are about to throw in the towel, we're near the bottom.

on a more serious note, let's forget about what king has said. (i always thought he was a tool)

let's forget about what frank b. has said (i'm not a big fan of technical analysis anyway).

let's forget about what schiff (talking his book), casey (anarchist), puplava (marketer) have said.

let's bring out the big guns...

the jim rogers. the warren buffets. the ron pauls. i wouldn't call these people hucksters.

not to be cheesy or anything, but these people are historians, patriots and businessmen on a scale far larger than the kings or schiffs or the turks. and they have all said, unequivocally, that inflation is headed our way. make no mistake.

at this point, i'm not really concerned about whether gold will go up or not. (although i'm a bit annoyed at the timing).

i think at this point what i'm really have to worry about is the gold getting taken away from us by some kind Economic Stabilization and Rape the Citizens Plan.

thanks for listening.