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PM Sector update - Not a Flag or Pennant But a Top - New Longs About To Be Fleeced

- Clive Maund -

For a so-called specialist ....I have watched your comments over the years and you have become the bell weather for getting in and out of the gold market....
sufficed as to say you are or have been more wrong with your predictions than right.
We were all warned against you last week and to be prepared for these kind of reports coming from you and others .In fact market watch had an identical report the other day so it looks like you might have cribbed this ...but I don't think so.You are being your regular erratic self.Please examine all your previous rubbish and come up with a list of where you were right and where you were wrong......Hoo Boy is your chart in a bear market.
Just to put you in the picture,clivvy kid ...The south African GOLD market has been in a SOLID BULL MARKET SINCE JUNE 2015 ......nowhere have you mentioned this...
THE REST OF THE MARKETS ARE PLAYING CATCH UP ....PENNANT/BULL FLAG or whatever a spiv like you cannot hold back this BULL and when he runs he takes no passengers and by the looks of it you least of all.......For the rest those of you who have bought gold shares as insurance against the likes of the BANKRUPT AND DEBT SODDEN world we live in ....YOUR BATTLE has been hard fought ,you ought for every inch of your gains .....From my perspective it would appear that clive is a specialist for the crooked corrupt Fed
and not certainly for me ...maybe you either

Commented 2971 days ago

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Beginning of the headline :Many analysts and writers have described the pattern forming in the past couple of weeks in gold as a "bull Flag or Pennant" with some appearing to be "playing to the gallery" - i.e. telling their audience what they want to hear, which is that gold will continue to go up. I, on the other hand, decided that the triangle that had formed was not a continuation pattern, but a top, and said so about a week ago. So, as you will readily understand, I was not looking good when gold seemingly broke out u... Read More

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