Hello Gary, I'm sending my Gold barometer update with data tentatively
projected to the end of the year. As you can see the barometer
has improved considerably in the past month and should improve
more rapidly after August. According to my metrics, Gold should conclude the current decline in a few days and start a run up to last year high. The trigger
could be this Friday's release of the CPI.
Gold bugs like XXXXX XXXXX have turned bearish on Gold this week,
a great signal for contrarians like me. Last time XXXXX turned bearish,
Gold went up $70, and when he turned super-bearish on the Dow early this year at the 12,000 bottom, that index went up 1700 points!. Have a good day. Claude
