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Some podcasts stating gold is going lower


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I posted this on the july gold thread but though it was better here: sorry for the double post.

 

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Ive been on the podcast thread and was listening to a few of the selections and now have a few serious queries.

 

The practical investor on the sow with Tim Wood seems to think gold is on its way back down along with other commodities. i.e. the bubble is over.

 

http://www.thepracticalinvestor.com/new/th...ticalinvestor1/

 

Also on the yorba tv a couple of days ago, another fella (forgot his name - but you could find it in the archive) talking about golds lower highs being a bearish signal and that its on its ways down

 

http://www.yorba.tv/

 

I know I can't ask anybody to ease my mind, but seeing as these talk shows were recommended by users on this site I would love others opinions on this bearish scenario.

 

Regards and thanks.

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I know I can't ask anybody to ease my mind, but seeing as these talk shows were recommended by users on this site I would love others opinions on this bearish scenario.

 

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I don't think that it has been in a bubble yet. The taxi driver, barber, shop assistant are not yet aware.

 

My thoughts are split two ways and I do not know which one is correct. We are either in the bull trap phase of a bubble where it is time to buy with serious amounts of cash, ready for the massive incline or PM’s are so heavily manipulated that they will not be allowed to take off.

 

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