lamboguy
01-12-2012, 03:10 PM
he is the senior analyst for kitco.com
in his opinion because the inflation rate in china has declined to 4.1% and the trade deficit in china is shrinking will mean less china buying of gold. he thinks that the recent wave in buying of the metal had more to do with india and the problems in europe.
for the last 11 years John Nadler has been a perma-bear in gold and every time he says something negetive in relation to gold, the metal's price have always gone up.
Nadler has a lot of people that listen to him, so he can create selling, but to me it is pretty artificial.
in his opinion because the inflation rate in china has declined to 4.1% and the trade deficit in china is shrinking will mean less china buying of gold. he thinks that the recent wave in buying of the metal had more to do with india and the problems in europe.
for the last 11 years John Nadler has been a perma-bear in gold and every time he says something negetive in relation to gold, the metal's price have always gone up.
Nadler has a lot of people that listen to him, so he can create selling, but to me it is pretty artificial.