Inflation Deniers Emboldened by Gold’s Struggles

The vultures are circling. Precious metals bulls, laid flat by gold and silver prices dropping for the 5th week in a row, are watching deflationists such as Harry Dent and the financial media squawk about the imminent demise of precious metals.
We covered the superficial and condescending coverage of the metals markets in the financial press last week. Since then, the financial press has stepped it up even more.