Shad Bell

Gold Bugs, Don't Dig In Too Deep

Hello Phil,

What happens this fall when people realize that employment is falling and their companies are now placing pauses on open positions? I'd suspect the dollar will drop and the FED will freeze in the face of unemployment. Ask yourself if it hasn’t already begun..

Do you realize what gold’s seasonality chart looks like over the last thirty years? If you don’t, check here www.seasonal-charts.co.../

I look forward to your bearish call on gold as I am short gold stocks, but must admit I am somewhat nervous.

Great blog, keep up the great work.