I not only notice this but have been very aggravated by it to a point that I emailed Kitco with my complaint. Like you, I suggested that I am not looking for constantly bullish articles about gold but neutrality. Nadler knows the factors that drive gold, so perhaps he could just stick to reporting them rather than adding his consistantly wrong analysis to the mix.

Last year one of my friends was set to bail out of her gold positions after reading continually negative crap by Nadler. He called for a large retracement. He was wrong and lucky for her she didn't sell. How many did he shake out then? How many now?

Nadler, as their reply pointed out is the go to guy on gold in Canada. He's got the reputation as a top gold analyst. I wondered how he can be so consistantly wrong because he almost always is. He's been pretty much wrong since gold topped $400. That's a pretty crummy record for a guy considered one of Canada's top gold experts.

However, his arguments almost always are based on physical demand. If it's not Indian wedding season, he's bearish. He constantly looks at gold above $400 as a bubble driven by speculation so he obviously doesn't consider gold a currency. What's more, he values gold as though the dollar were still valued the same as it was 7 years ago. As we all know though, gold really hasn't gone up that much at all. The USD has just gone way down, dragging most other currencies down with it to some extent in relation to the POG.

The only way to value gold is to ask how much wheat, copper or oil an ounce of gold will buy you today compared to how much it bought in 2001?

Kitco's response to my emai, was that there is a disclaimer at the bottom of each of his columns that says his opinion doesn't necessarily reflect theres.