Zeev's Turnips Patch-No Politics (ZEEV)

[smokenmirrors]

Gold article is extremely biased against gold, extreme in its negative statements. There are lots of articles the other extreme too, in love with gold. I guess you have to just forget the biased articles and look at the charts. No point in making a religion out of loving or hating gold. Neither point of view will save you, especially if it's iron clad and ignores TA or other contrary evidence. My handle is smokenmirrors because I am fascinated by the smoke and mirrors in the markets. There are tons of smoke and mirrors disguising the gold price movements-- institutions who are short it and/or who want to buy it at lower prices have at times written negative articles, to cause folks to let go of their shares. People who want to sell you their gold shares when they think gold is topping will write positive articles right at what they think is the top. We can't believe much of what we read.