Hope it ends up much better than your other "infamous" gold call. From February of this year: And then there's always this brilliant post: http://www.elitetrader.com/vb/showt...30937&highlight=gold+finished+600#post2130937
Zero---- I am syndicated and not compensated per view. If i was, my writing would be a lucrative business! surf
http://www.ritholtz.com/blog/2013/07/gold-bouncing-selling-opp/ seems to have preceded your gold $1,400 bounce prediction by a few days. Is this coincidence or did Barry Ritholtz steal the $1,400 gold bounce idea from you?
thanks, i never saw that article. The market is painting a pretty clear picture here, Im sure I am not the only one who sees it. But Did he call thel drop also? If so, we must be on the same information flow. surf PS-- the drop call <i>Over the past week, I thought of those lyrics when looking at the price of gold. In my April 29 article on the precious metal, I had forecast that gold would drop below $1,200 an ounce before bouncing higher. This is exactly what has occurred with gold futures dropping to $1,179 prior to bouncing into the $1,250 range seven sessions later. </i>