Hi Ron!

Isn't one problem with the "Prechter Gold Bear Theory", as it relates to Tyhee, is that even if he's correct, he's only been referring to the nominal price of gold falling 40%.

Whereas, I've never heard him refer to gold's real price, should his scenario play out.

Bob Hoye also sees a similar market tanking,and even implies gold could also take a hit, but even so, he's extremely bullish on the explorers as he sees the real gold price increasing from here.

B.