Oh dear. Poor Leon. I am sure he closed out his shorts just in the nick of time and still made a profit.
Leon never really got 'burnt', as he never actually puts any money up on his 'guesses'. ( he never, ever offered any evidence to give credibility to his 'guesses' ) But I'd love to hear from Leon NOW !! ( not in some future point in time, when gold / silver temporarily goes down in price ) ... Tell us all Leon, why is the price where it is today ??
Because he was wrong about the FOMC? Plus Trump is starting to wind up his bull-in-a-china-shop routine and people around the world are getting jittery?
Just my gut instinct.....you know...the same gut instinct that has lost me a packet of money over the years.
Don't get me wrong, I am more than happy to see the price rise. I am looking forward to the push higher like everyone else. I still have skin in the game. I personally, however, have never shorted anything so any predictions I make are simply hot air ( which most people on this forum have already recognised ). Perhaps if I self psychoanalysed I would come to the realisation that I predict lower prices as a defence mechanism to protect myself from the harsh reality that my significant investment has done nothing in 10 years as opposed to most other investments on the planet and as an investor, on a scale of 1 to 10, I am about a 1. There I said it.....I feel better already.
Oh Leon ..... Leon .... Where are you Leon ? We are all waiting to hear from you ... Tell us more about 'the falling price of Gold' ...
I need him to come back... so I can act on the exact opposite of his advice, its been working really well for me lately. (Please, Leon?) EDIT: He'll double-bluff us now - so get ready for him to be right for a while! lol
Remember when I asked what this was based off of and some other forum member went on a rant about how they shouldn't have to explain it. They later when on to say its based off of some mathematical equation. Guess it was wrong if the equation said gold would go down and its been going up....
It's based on blind faith, that's all. I have a rule, if someone has a system to "predict" something and the odds of being correct are no better then flipping a coin then it's BS.
Totally agree Nugget - the issue is that Leon what not alone in the "great" call of lower gold and higher $. He and all his small brained followers are now hiding in the tall grass waiting for gold to give up a little of its gains and then they will jump out - "Told You So"! Best thing is ignore the trolls and focus on accumulating more wealth in PMs.
I assumed it was based off of BS right off the bat. My first clue was visiting the website of the author and there was zero information explaining how his calculations work.
He won't be heard from, until there's a small drop in price .... Then you'll see him start another thread ....
