Loading ...Nincompoop parade…. good omen?
Bill,
I’ve never seen so many MSM “experts” so totally aligned in their bullish calls on gold. It’s a little weird actually, but if recent history is a clue, and the thundering herd prevails- AGAIN, they will be proven RIGHT. So sit back, relax, and enjoy the ride to $1400 my man. After all, 1,000 nincompoops in perfect harmony can’t possibly be wrong, right? We can now look forward to the cartel putting away their tranquilizer darts any day now. The sudden 20k drop in gold OI over the past 2 days is at least a start.
Nincompoops on parade:
Next Inflection For Gold Will Be $1,370, Says Expert
https://www.kitco.com/news/2019-03-19/The-Next- Inflection-For-Gold-Will-Be-1-370-Says-Expert.html
“Gold Price Is Getting Ready To Make Big Jump” – Expert
Gold Benefitting As Central Banks De-Dollarize – BoAML
https://www.kitco.com/news/2019-03-18/Gold- Benefitting-As-Central-Banks-De-Dollarize-BoAML.html
Gold Is Back; Why The Fed Has Engineered “Right” Environment
Get Ready, Gold Is Headed For A Bigger Rally
You Should Be Buying “As Much Gold As You Can” – Frank Holmes
Peter Hug: $1,320 Gold May Be In The Cards
Investors could soon get a golden opportunity to buy the precious metal, says gold ETF chief
Last Time We Saw Merger Mania, This Is How Gold Prices Responded
When even Kitco’s pundits are all jacked up on gold’s prospects (although forecasting an 8% move in 2019 isn’t exactly being a raging bull.) you know it has to be a big deal coming down the pike. Here’s to the nincompoops being right, but underestimating the rally by 30% or more. “In hindsight it was a Wave III………”
From Murph tonight–is this bullish or bearish? U decide.
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