Baires, I will remind you that a broken clock is right twice a day.

The gold market is as volatile as any and more so this year. As such, if you are consistantly bearish you will be right eventually, just as if you are consistantly bullish you will be right at some point. Nadler has been bearish on gold more often than not since it crossed $400.00.

When gold drops he loves to toot his horn. Look at Fridays column where he had a little love in with himself. He failed to mention that he had to wait an entire year to be able to claim some sort of victory. When gold drops he loves to beat up on the bulls. When gold goes up, he keeps his rhetoric on the quiet side and cruises along quoting others.

He is an expert on the jewellry demand and certainly some aspects of the gold market but not the investment side. He doesn't even believe in the investment side of it.

His columns are not worth reading but I often do anyways because I see the headline. If gold goes up from here, just watch how quiet he gets. He'll stop speculating and just stick to facts of what's going on. Then if gold drops he'll once again say how he called it.