I wouldn't give Trading Chief the time of day. He and his site are like most revisionist day traders, full of it and broke like lots of trading type hedge funds and market callers.

The gold market with it's extra forces is the most difficult to call of any markets and Bill Murphy and Jim Sinclair types have not been wrong as this supposed self proclaimed Tradingguru suggests, they advise buying value and holding or in the case of Sinclair, hold a large core and trade a third on highs and lows. I also note that gold started at $258 dollars a few years ago and is now at $730 even in the face of the largets solvency/monetary crisis in financial history and this represents a pretty good return.

I am also very confident that there will be no large liquidation of physical gold/silver owned by the present owners, that's laughable. From my perspective I only care about the long term trends and not the short term noise which is impossible to call better than a flip of the coin.

Buy value, like ECU building one of the largest resources in the junior sector, and when it goes on sale buy more, this will serve you much better. Add a little patience and you will make money.

Given all the excellent results in exploration this year for ECU, I'm starting to get excited about the coming 43-101 and what it may hold and show. It's only going to get much better and this make ECU even more sought after. Now if we can only get rid of these traders like TD, Etrade, GMP the other day, BMO and their forced liquidations and/or games. It would be nice to start to tade on some sort of fundamentals again instead of liquidations, nickel traders and pukers. The buyers are around they are just less visible right now in this environment and buying the value while on sale kowing it won't last and that they will have to start paying up before too long.