I agree with you one hundred percent about Nadler. I know I shouldn't read him but I am always compelled to glance over and see what that moron has to say. If they were writing a "Dummy's guide to Dummy's" Nadler would take up the first four chapters.

First off, he's writing from Canada. As such, he might want to point out in some of his columns that gold is sitting around it's record high. It hasn't gone down in Canadian dollars. Nor has it gone down in Brit pounds or Euros. Only in US dollars-- for now.

However, even in American dollars it's been a much better investment than most others. I'm sure most investors would be happy with the return on gold over the last year as opposed to... well... any other investment. Over the last 10 years... lets see... how has the S&P500 faired in the past 10 years compared to gold.

Now I've been reading Nadlers columns for a long time and I can tell you he's been bearish since gold was just under $400.00. He's never ever been bullish on it since then. He thought gold would pull back after topping at $400.00

He gloats about his bearish positions and ridicules bulls everytime it pulls back... When it goes up he discusses events and why it's gone up and often why it will be temporary.

It is more than obvious that he has another agenda. I don't know whether he's short... which I suspect he is. Or whether he's just dumb... well I suspect that too. I don't get it though.

What bugs me most is when I read him being quoted in other media as a noted gold analyst. Give me a break. He's been wrong for 5 years on gold. And now all the while gold is going up, way up in Canadian dollars which is what Kitco ultimately will make you pay in as they quote the American price but convert it to Canadian, John Nadler is falsly telling people that gold is going down. He is misrepresenting gold. He is swindling people.