$350 please or is it $250… whatever!  Dear Captain has come to the conclusion that there is now a Commodity and Gold related bust Dead Ahead. Thank you Captain but, where were you 3 weeks ago, you idiot.

People like this give a bad name to charting. Notice that they need to THROW UP a dozen or so charts to prove their point. Why, do they need such reinforcement? Why is every chart a standard setting? 

Those indicators were not designed to be used for end all purposes but, for the most part were designed for a stock market bull which commenced in 1982. Each indicator must now be tailored, to be anywere, near effective, to both a bull and bear phase and yet modified again for both weekly and daily charts. Most of these indicators are worthless as presented. Indicators for tops may not work for bottoms and vice versa.

And, my dear Captain always throws a complete mishmash of multiple confusing charts up to prove his point. And whatever his view happens to be, up or down, he then Throws Up the same mishmash charts so as to back his opinion. No way the readers can figure this out so therefore we must subscribe so that he can tell us where this is all going.

As rants go this is mild but, get me started on subjective Elliot Wave projections and every rattlesnake in OK or TX will fear me as a kingsnake.