After more than 40 years in the investment "game" I have come to the conclusion that all (as in ALL) market analysts are right.... until they are wrong.

All analysts and their devotes can point to their good calls, but usually have "backup language" to cover for their bad calls. Martin Armstrong, Jim Sinclair, Jim Rogers, Marc Faber, Harry Dent, James Dines, Bo Polny, Gary Savage etc., etc., etc.

I remember how Joe Granville had achieved virtual deity status back in the 70s as he seemed to be able to call the market exactly over and over again.....until he didn't. Of course, those of us who followed him back then noticed that as soon as he got married, he appeared to be making market calls that were not in line with his indicators...as a result....he too fell from the Mount Olympus of market gods. Perhaps he was distracted.

While we all like to be right on a day to day basis, I have come to the realization that if there is anyone who is truly consistently right every single day (which I doubt) that person sure as heck is smart enough to know not to share that information with ANYONE!

We just need to realize that if we plant the appropriate seeds in the appropriate soil and climate, we will achieve an appropriate harvest. (No point in trying to raise pineapples in Minnesota).

I believe that the soil and climate is becoming more and more perfect for the harvesting of wealth from investments in gold, silver and companies that pull this stuff out of the ground. Predicting what the exact day, week, month or even year the bountiful harvest comes can be illusive…..but it looks like the end of summer is nearing.... and harvest time may soon be at hand.

Enjoy the day to day "fun" but be sure to keep your major focus on the ultimate harvest.