Jon Nadler Makes Definite Prediction!Did you ever read such a wishy-washy prediction as the following?
"In that spirit, we invoke the great crystal ball (back from being lent to Carnac the Magnificent) and declare that:
“The Price of Gold will….change, for sure. It will go up, then down, then back up again, only to go down thereafter,….etc.” All of this will come to pass prior to December 30 of 2011 at 2:00 PM NY time, when the Beige Book data will be released.
Until Tuesday, enjoy your time off and away from the markets.
Jon Nadler
Senior Metals Analyst – Kitco Metals"
His "crystal balls" seem to be quite fragile; unable to quantify what it is he is "really sure of". Gold could end the year at $5,000 an oz (I don't think it will, but it could) and his forecast might still be correct. It says nothing very definitely!