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Is Gold At A Bottom?

I offer two views from people whose opinions I take seriously. For the record I added to my positions in gold's and the miners last week. Of course I am usually early but sentiment is so bearish, even exceeding 2008 and 2001 that it looks like a good entry point for me as I believe this is just a cyclical bear in a secular bull market.

Harris Kupperman:

http://adventuresincapitalism.com/post/2013/06/30/The-Great-Gold-Shakeout-of-2013.aspx

Acting-Man:

http://www.acting-man.com/?p=24390#more-24390

http://www.acting-man.com/?p=24342

I think a purchase of gold at these levels will look good in a couple of years. In my view nothing has happened to alter the fundamentals for gold going higher. This appears to be a Rothschilds moment, buy when there is blood in the streets. Caveat Emptor!