By SD Contributor SRSrocco:
There comes a time when we just have to say “ENOUGH IS ENOUGH”.
It looks as if everyone and their brother now expects gold and silver to enjoy a bloodbath. Below we can see that CLIVE MAUND is once again showing his true colors as he has labeled precious metals investors ‘the sheep‘ in his latest update predicting a ‘blood bath‘ in silver:
I would like to remind those who are now becoming convinced that Maund is right… he was calling for silver to crash to $18 in the beginning of this year. He got that one wrong.. and had to recant and produce charts that show silver could actually head higher. Typical of those who bow down to the art of TECHNICAL ANALYSIS.
Hey listen, silver and gold can sell-off from here. But to use those words on the top of his chart to state that the SHEEP ARE GOING TO GET SLAUGHTERED… just makes me realize Maund is nothing more than a PAPER JUNKIE.
Does he not realize the precious markets are manipulated? Does he not realize that a judge just announced last week that “POSITION LIMITS ARE NOT TO BE ENFORCED”? Clive is part of the group of analysts that I now term “ANALYSTS GONE BAD”.
Another one of my favorite DEAD-BEAT ANALYSTS is Ned Schmidt. In Ned’s most recent article, he presented a graph showing how soft commodities have outperformed the S&P. On the bottom of the chart he was nice enough to include Gold. However, for some strange reason he did not include SILVER in his chart…. so I thought I would add it for him.
Ned Schmidt has an aversion to SILVER. I remember he stated on his website that he was the only one to correctly forecast the SILVER BEAR MARKET. Furthermore, he also had said that silver would hit $15.
I am so tired of these RUN-OF-THE-MILL ANALYSTS who don’t really understand the underlying fundamentals. Ned Schmidt as well as Clive Maund have no idea of the manipulation taking place or the coming peaking of energy. They make their charts and write their articles based upon information that is PAINTED FOR THEM. I believe Maund is just inept… but I believe Schmidt has an agenda.
I AM PRAYING FOR A MASSIVE SHORT SQUEEZE
Just to let you all know, I have my Alan Greenspan lucky rabbit foot and I am rubbing it hoping for a massive short squeeze similar to the one that took place in gold last year. We may not get it, and yes… we could get a paper sell-off of the precious metals. However, it would be wonderful to see both of these analysts EAT THEIR HATS.
That is my main reason to want this HUGE SHORT SQUEEZE. I do realize the price of physical gold and silver will win in the end… so the ups and downs throughout the move much higher is part of the journey.
ONCE GOLD & SILVER TAKE OUT THEIR PREVIOUS HIGHS… I GOT AN ARTICLE IN THE WORKS FOR……ANALYSTS GONE BAD.