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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: rubbersoul who wrote (43365)5/4/2013 7:15:44 AM
From: orkrious13 Recommendations  Read Replies (1) of 48092
 
Do you agree with Louise Yamada in the article? She clearly feels gold is headed to 1200 and 1530s is a long shot and will be short lived if it gets there. She is probably better than anyone on SI with technical analysis.

I never understood why people read her. Other when gold's bear market was ending in the early 2000s, has she ever had anything worthwhile to say?

Even when gold was $500 and ascending, she put out research showing a wide range of possibilities, always with huge downside potential. It was no different at $800. Sure, there was upside potential, too. But I can't think of a better person who exemplifies "technical analysis tells you what you should have done after you should have done it."

Yamada is so useless I never read a word she has to say.
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