Sorry,

I do not respect Nadler. HE is part of the problem. When you say "he was right" I would say that if I tell you it is 2 o'clock I would be right 2 times a day but wrong the rest of the time. When gold was worth $800 he was saying that it will go down when in fact it went up above $1000....

let's review what nadler has said. he had a price target in the low to mid 700s with the potential for a dip down below 700. he supplied a timeframe of this summer. the cause : he suggested speculative froth with unwind a lot of these positions.

sounds right to me.

he's also said you should hold onto gold for insurance. that it should trade up around 850. and as conditions call for, it'll go up.

that all sounds pretty kosher to me.

let's balance this with what puplava has said :

there will not be a consolidatio period this summer. there will be a wave of acquisitions this summer. the mining shares and especially juniors will fly this summer.

that sounds wrong.

a key element to these calls are the timeframe. your example is invalid as it fails to take into account nadler's timeframe.

to be clear, i'm not a big fan of nadler. i actually find him obnoxious and condescending.

however, that does not change the fact that he has been right so far this year.