How to Accurately Forecast Metals: A Response to Mr. Steve St. Angelo

by Avi Gilburt
Gold Seek

Over the years, I have written many articles as to why the common perception of what moves metals has been wrong for so many years. As I have noted many times, the common “fundamentals” upon which the market relied failed adherents miserably. In fact, some have begun to actually recognize the truth in what I have been saying:

Due to their blind adherence to the fundamentals of the market, many not only did not see the high coming in 2011, but called for the market to rally every single week over the 4 years since that high was struck. And, it seems that the ire of one such “adherent” has risen over the last week to the extent that he has chosen to take umbrage with my primary analysis methodology, despite its proven accuracy during that time. Yet, he claims that I am “incorrect” in my “approach to forecasting the value of gold and silver.”

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