by Jordan Roy-Byrne, CMT
The Daily Gold
Jason Zweig, who a year ago called Gold a “pet rock” is doubling down. He reiterates his belief, albeit a misguided one that Gold is a pet rock and justifies it with the usual anti gold bug propaganda. Unfortunately, Zweig along with many gold-bashers and ironically some gold bugs continue to either neglect Gold’s major fundamental driver or have no clue about it.
Roughly year ago, I wrote my first book, The Coming Renewal of Gold’s Secular Bull Market. Numerous readers and subscribers praised the book for being the best book ever written on the subject of Gold and gold investing. Unlike other present books on the subject my book is not typical gold-bug fluff with $10,000 price targets and such. Readers loved the book because it was based on objective facts that could be verified by real historical data and not opinion and ideology.