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<p>[QUOTE=&quot;Cloudsweeper99, post: 1552965, member: 3011&quot;]First of all, it is possible that gold will decline if the deflationary scenario he describes comes to pass.&nbsp; However, please note the following.</p><p><br /></p><p>Chart Capital primarily relies on backtesting to make its forecasts, a technique pretty thoroughly discredited.</p><p>Yoni Jacobs indicates that the gold chart is parabolic, and it isn&#039;t.</p><p><br /></p><p>The kid is obviously trying to make a name for himself with a bold call.&nbsp; If he is right, he will be another investment rock star.&nbsp; If he is wrong, nobody will remember in 5 years.&nbsp; It is incredibly dangerous to short an investment like the GDX before it begins to fall, and it is amateurish for him to recommend it.[/QUOTE]</p><p><br /></p>

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