I feel the gold; bulls together have nothing to say when the price declines, that is all of them
Why do the gold bull letter writers like Fleck and Russell retreat to the den when the price declines?
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.
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.
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.")
This is from the JULY o1 tirade.
Its unfortunate , but its way too truthful to be ignored.
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.