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Gold/Mining/Energy : At a bottom now for gold?

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To: Bobby Yellin who wrote (1496)8/6/1998 12:43:00 PM
From: William JH  Read Replies (1) of 1911
 
Bobby - The more I read and hear Marty Armstrong the less I care about what he says. On his web site I recently read that a close above $5.51 in silver would negate the down trend. I think there was a close about $5.70 for a few days, now he is saying that maybe silver needs to go much lower. He talks about daily closings, weekly and monthly closings, etc. so maybe I just don't understand him.

A year and a half ago he was calling for >$40bbl oil and much higher gold. He is frequently on the radio here, but the way he sprays predictions all over the field I never glean much from what he says.
I don't understand technicians who are simultaneously bulling and bearing the same asset.
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