I discovered the gold sector in 2001 at the beginning of the last bull market.There I found inflammatory commentators going on about the death of the dollar and a corrupt system.Eventually I found some entity called GATA (the Gold Anti Trust Action Committee).The whiff of revolution was a good hook because being a life long malcontent with the way the system works, I am geared toward revolution (preferably the kind without gunfire).

Then I expanded out to take in the negative systemic views of former GAO chief David Walker, the deflationary views of Robert Prechter, the distinctly non-gold bug views of Bob Hoye and the balanced views of Steve Saville.In other words, layers and textures were coming into what I had thought was a fairly black and white picture.  Biiwii (but it is what it is, implying a balanced outlook dealing with reality) came shortly thereafter.

Last week I was writing some posts about the gold and silver CoT situation after noting for weeks in NFTRH the gathering negative alignment.One Ted Butler, a long-time sleuth into nefarious goings on in the silver market by JPM and others, sent me an email with his views and permission to publish, which I did.

Then somehow, this Ed Steer character – who has never heard of me nor nftrh.com, mind you – found Ted’s article “accidentally” posted here at the site and linked to it, advising the gold herd to skip the stuff from a supposed ‘analyst’ (ah, the dreaded ‘ ‘ around my descriptor) and go right to Ted’s excellent analysis of the CoT.

Ed Steer is a promoter.GATA are promoters.They promote an agenda that may or may not be materially valid, but you can promote things you truly believe in… again and again and again until those that the story resonates with simply go ‘all in’.For many it has been 4 years and counting of ‘all in’.I have had so many emails over these last 4 years telling me stories of woe about having followed promoters too far, and into personal hardship.