John NadlerHe has been to the Calgary Gold Show for the last two years as a "featured guest".
Last year, when gold was 650-700ish, he told us all, using graphs and all kinds of statistics, that the supply-demand ratio was badly against gold and that nobody should be buying gold - and that in fact they should be selling.
This year he had the same song and dance.
I really do believe he is being sent to all these shows to keep the price of gold down and to curb enthusiasm.
I have my own ideas as to why he is doing this. Maybe Kitco needs the price of gold to stay down to increase their profits somehow, or to allow them to accumulate more.
The one flaw in his argument is that he only looks at it from the supply-demand perspective. He does not take into account human emotion, which is the one thing that will propel gold once inflation mentality takes hold.
Once the public "discovers" gold the supply-demand ratio will quickly and violently reverse.
The day is getting nearer and nearer too.