by Avi Gilburt
It seems I have raised the ire of GATA, yet again, with one of my recent articles. It has struck such a chord that Chris Powell decided to address my article directly the other day. But, sadly, he really said nothing of use, just as GATA provides nothing of use for those whose primary purpose for investing is making money.
In my recent article, I outlined how the market sentiment patterns clearly provided us insight into the market drop seen this past week, and even provided us with our target of 27.80 in the GDX before the decline even began. And, by the way, the low we struck on the drop on Tuesday was EXACTLY 27.80.