I’ve said it over and over again; much of the financial industry and the media that follows it hates gold.

Whether its outright haters like Nadler or forever switching at the wrong time Gartman, gold has to constantly endure bearish forecasts throughout the media. I’ve explained why enough times and said it shall never change.

Technically, we need to close above $1,705 in order to go from defense to offense. It would be best to wait for such a move or a further decline to $1,550 area before buying. The “mother’ of all bull markets continues no matter what scenario unfolds.

However, it seems even the most ardent bulls are being impacted by the amount of crap coming from the gold haters camps.

Because of this, I’ve listed songs you need to play when the crap is hitting the fan:

• I’ve stated we’re in a war and this is our battle theme song
• Play this when the “bad people” are assaulting the price (most notably around 3AM and 11am)
• Challenge the “cartel” with this on any rallies
• And remember this when ever you venture into the gold market

This entry was posted on April 10, 2012 at 7:12 AM. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

Posted in Gold by Peter Grandich