Why do the gold bull letter writers like Fleck and Russell retreat to the den when the price declines?

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mr66
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Why do the gold bull letter writers like Fleck and Russell retreat to the den when the price declines?

I feel the gold; bulls together have nothing to say when the price declines, that is all of them

Edited by admin on 11/08/2014 - 06:31
So It Goes
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Disagree

With all due respect.  I have been reading (by subscribing) to Fleck for years.  He has been steadfast in his opinion to own gold.

I cannot fathom why you feel the way you do.

Foreyes
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What can they say?  Price

What can they say?  Price action is a temporary phenomenon.  If it's down this week, it may be up next week.  You can't expect a comment on every swing.   It may have to go down before it goes up.

If it never goes up, well, - - -I guess they have some splainin' to do.

Jasper Puddlemaker
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All of them?

Russell has said to "buy the dips" all along.  I am not a subscriber, but that is what comes across in the public releases I read on KWN and elsewhere.  I don't know who else you read specifically, but I can't think of one decent analyst who doesn't recommend buying these dips (which all agree are inevitable).  (Obviously I am not including Nadler in the list of "good analysts.")

mouser
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Have a read on Jim WIllie

This is from the JULY  o1 tirade.

Its unfortunate , but its way too truthful to be ignored.

http://www.kitco.com/ind/willie/jul012011.html

mr66
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letter writers

I subscribe to Russell and Flecxkenstein both.  My point was simply that when Gold starts sliding to the downside, they just note the decline and move on to another subject.  I haven't seen either one recommend buying of Gold during these setbacks zero times in the last two to three  years.

arch stanton
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Russell

I agree with your point about Richard Russell completely.  I subscribed to him for years and every time there was a correction in PM's there was deafening silence.  I was a newbie back then and wanted someone to hold my hand.  I gave up on Russell as senile when he started touting the virtues of Paul Krugman.

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