And Numbnuts Nadler is not helping this morning. IMO, he seems to go out of his way in his Kitco piece to quote a few gold naysayers. Though he does report some bullish gold thoughts including some as "news" and bullish noise, my jaded eyes seem to see a Blythe endorsed/inspired/required tilt to the bear side.

He also claims to have been endorsing a 10% core holding of gold in portfolios since 1976. Nice try to show his impartiality......fair and balanced....uh huh.

Nevertheless, a lot of people read his stuff and may be influenced by the things his "experts" have to say.

A few choice bear quotes from this AM's report:

“we've [already] witnessed the biggest part of the run-up in gold.”

"is overpriced and overbought,"

"It is unrealistic to expect gold to repeat its performance (of the last decade) in the next 10 years."

"they are nuts. Gold and silver will never again be used as currency or to back currencies."