It is popular opinion that Kitco’s frontman Jon Nadler has a poor understanding of the precious metal markets, but I decided it would be prudent to see if the complete lack of respect for this man from the enthusiast community was justified given his forecasting performance over the last few years. The results were fairly conclusive. Even when given a timeline of just a few months, Nadler is woefully off the mark across the board, and often doesn’t show up in the right zip code when asked about longer-term expectations. Unfortunately, most of his predictions are on gold, but we found some great quotes on why he doesn’t appear to like silver and his general attitude towards the metal. Don’t take my word on it, however, take Jon’s:
11/2006:
Nadler predicts the 2010 average price of gold to be $800/oz. Unfortunately, this year’s average looks to be around $1,150 glancing at a chart. Hey, what’s a 41% miss among friends?
Timeframe: ~4 year prediction
Result: Garden-variety fail.
Grade: D [we'll cut some slack on an extremely long term prediction. it's like kicking a 70-yard field goal; we knew he'd miss, but why even bother trying?]
10/25/2008:
Nadler predicts gold in the low $500/oz range and reflects that a world of $2,000/oz gold is “not one we’d like to live in“. He doesnt see anything ‘pleasant’ for silver within two years, and further, he comments on those crazy eBayers paying more than $5 over spot for silver (silver is still around $5 over spot on eBay, by the way),. He does hit a softball question about his greatness out of the park, though: “If I tried to convince you that it’s a one-way street and it can only go that way and buy now, beat the rush, two years from now you might not want to talk to me. I would have lost credibility. It’s not about being right on price forecasts, although I don’t think I’m too far off on those either.” Actually, if Nadler convinced you to rush out and buy gold then, you’d be up 87% and probably sending him Christmas cards every year. Regarding price forecasts, well, he’s not off to a good start.
Timeframe: Unclear, assuming 1-2 years
Result: Epic fail.
Grade: F [he lauds his own credibility for keeping you out of market that would have almost doubled. brilliant!]
10/26/2008:
Nadler marginalizes silver, stating that silver is just a “trade” and opines that it has “pretty much lost its long-standing monetary attributes“. Had someone made a ‘trade’ in silver and resolved to not sell for 2 years (ie, go long) based on Nadler’s comments? They’d be up 144%.
Timeframe: 2 year prediction
Result: Epic fail.
Grade: F- [it's one thing to say an asset will drop and be wrong, but it's an entirely new skillset to trivialize an asset and have it rocket 144% over two years].
12/31/2008:
Nadler predicts the average 2009 gold price “..will likely register near $810 per ounce, following its $871 average for the current year.” He tries to pad his prediction by citing it could be $100 higher/lower given financial and geopolitical uncertainties. So that’s anywhere from $710-910/oz. Nadler misses again, as average prices were $972. Not a huge miss if you consider his padded-high-end figure, but gigantic at his padded-low.
Timeframe: 1 year predicition
Result: Garden-variety fail.
Grade: D [his disclaimer that he could be wrong saved him from an F, but he was still 36% off from his low].
01/06/10:
Nadler kicks off 2010 with a swath of predictions: “For the six months ahead, we envisage …. $880 to $1280 with the inside channel of $970 to $1070 likely. For the time being, the average price is likely to stick fairly close to the 2009 number near $970 per ounce. With a view to the three-year average gold price still near $845, and with the aforementioned rising possibilities of Fed behavior changes, the expectations that the final 2010 tally will see even better than last year’s 25% year-on-year gains in gold, may be…great expectations“. He made their six-month high-end just accurate enough to cover the $1200/oz price gold was at the time, but wasn’t close on the low-end. Gold was around $1,120 on January 4th, 2010. It will need to close at or above $1,400, which is a real possibility given the current pricing, to prove him wrong on exceeding the year-over-year from 2009 to 2010.
Timeframe: 6 months and 1 year
Result: Partially accurate
Grade: C [he was just within his 6-month range on the high side, but he gave himself a 45% margin of error to do it. if he's right on the year end not exceeding 25% gains, he's only going to be right by a percent or two, no more.]
05/18/10:
Nadler, when asked to predict the price of gold throughout 2010, cites multiple sources again supporting an $800/oz figure. Strangely, even though [see above] gold was nearing his high-end pricing for mid-year, he decided to predict average pricing well below his first 2010 predictions. While the whole world was watching gold sustain gains, Nadler, apparently, was waiting for a collapse. He tries to validate his lowball pricing by arguing “I am not alone in computing such figures.” He might not be alone, but he’s dead wrong. He went as far as to contemplate the ‘right price’ for gold clearly stating “I still think that between $680 and $880“.
Timeframe: 6 month predicition
Result: Epic fail.
Grade: F [no excuse for this one. relatively short-term call and he couldn't be more wrong.]
09/09/10:
Nadler wisely stops trying to make predictions in writing, so decides to make video predictions instead. He dances around a question of where he sees gold, but appears to suggest gold won’t break $1260/oz unless we’re in ‘a crisis mode‘. Further, ‘contrarians are optimistic that they’ll see their day yet‘. Well, a month later and $100 higher, Nadler appeared to miss predicting what turned out to be a 4.8% monthly gain for gold. Surely a ‘senior analyst’ could have foreseen something that was so apparent the the rest of us?
Timeframe: 30 days
Result: Epic fail.
Grade: F [tries to hedge himself by quoting others, but effectively calls a top when it was anything but.]
As the chart below illustrates, Nadler hasn’t quite perfected the art of forecasting prices. Curiously, he is consistently low on every prediction I’ve found, apparently trying quite hard to be the antithesis of the ‘radical gold bug extremists‘ (his phrase, not mine!) he so despises. It continues to beg the question of why Kitco continues to employ this gentleman only to be consistently wrong. Anyone with even a crude interest in the market should be able to forecast with the same gaping 30-50% margin of errors. For my money, I am proud to note that I’ve never purchased a single piece of gold or silver through Kitco, and I certainly encourage anyone reading to avoid them as long as Mr Nadler is on the payroll.
[image title="Jon Nadler Predictions" size="full" id="262" align="center" ]
This article is a Grand-Slam.
Well done!
Excellent article on this clown Nadler! One thing I would liked to have seen included in it was his pimping of Rhodium on FOX Business last May (see youtube video below). It dropped over $600 an ounce since his FOX appearance!
Is Rhodium the True Precious Metal
http://www.youtube.com/watch?v=IAvqwarn2OE
Great summation of Nadler’s woefully inaccurate and disingenuously permabearish predictions on gold, but you forgot some of the more egregious anti-gold propaganda that has been repeatedly by the Senior Analist, including his BNN interview in which he declared that gold has NOT been in a bull market for the past decade (despite rising over 300% as of the time of the interview!), all the while SIMULTANEOUSLY declaring that gold’s price “is in bubble territory”! Such pretzel-logic is the mark of the agenda-peddler and misinformation agent, and certainly not what one would expect from even the most clueless, if honest, observer of the gold scene.
Jon Nadler is nothing more than the deformed and crippled hybrid offspring of the Tokyo Rose and Baghdad Bob of Gold, having inherited all of their moral degeneracy but none of their ineluctable charm.
@ Nick: I actually mentioned Nadler pumping Rhodium on the previous Nadler post (yes, I have two of them now!). How do you convince the average guy to buy and hold a .. sponge? Good luck bartering that.
How does Nadler keep his job? Does he work at some other vocation on the side? If I made as many inaccurate predictions as he I’d lose my job and I’d be broke!
The only thing dumber than Nadler is why he is employed by Kitco, of all companies?
Perhaps Jon’s real job is to protect Kitko’s gold and silver pool accounts which some say have fractional reserves and in danger of being swamped by a rising market. If that is true, then Jon is just trying to do his job.
Nadler is a shill for the bullion banks. He should get an Oscar for his performance in that regard. Do the exact opposite of whatever he says…..GOT SILVER?
Tokyo Rose is a fitting name for Jon Nadler but I think they should change Helicopter Ben’s name to “Bubbles The Chimp”.
This article hit such a chord with me in reviewing Nadler’s track record. What you have shared correlates with my casual observation. The fact that Kitco continues, year after year, to employ an ignorant (or biased)”specialist!” is such a negative. They need to dump Nadler — like any good sports team does with a non-performer. Wake up Kitco before everyone boycots you. I suggest informed gold and silver investors start putting their “favorites” and pointers to othere sites to get gold and silver charts. Example:
http://www.cmi-gold-silver.com/gold-silver-daily-spot-prices.html
On a broader note I remember hearing him blindly agreeing with another canadian no nothing that USA will be the first country leading the world out of recession based on the the fact that they were the first ones into the recession. Its this peerless kind of flawed logic that keeps us all smiling as we take profits on the PMs he so blithely disparages!
At this point Nadler is like an interesting salon monkey, dutifully playing the role of quasi-banker naysayer, pointing and laughing at us as we make money hand over fist with no sense of his fallibility. He’s impervious to what is happening in front of his eyes. He doesn’t bother me anymore; he realizes his only salvation now is if there is a temporary dip of significant proportions so he can finally write an “I told you so” column. My guess is he will try to get on the gold bandwagon after the dip, if there is one.
Here is what I wrote for our board at:
http://www.bullionbullscanada.com/index.php?option=com_kunena&Itemid=122&func=view&catid=12&id=2159#2199
“I simply cannot understand how management of a bullion trading company allows this level of incompetence.
Nadler is the Tokyo Rose of this outfit. He has been so wrong for so long that I cannot read or see him anymore.
He gets so much under my skin that I will not buy anything from Kitco unless he is fired. This is a terrible position to take as I do like their services; some of which I cannot find in Canada.
I have no problem posting these statements in a public forum as I wrote numerous times both Kitco management and Tokyo Rose about my feelings.”
Thanks for formally grading and confirming my gut analysis.
Nadler,
Worked for the silver users assoc, and US Bank. Came on the scene to jawbone the gold price down for Kitco when they were short on deliveries, and hasn’t left. A self proclaimed communist, when I mentioned to him that printing money to buy treasury’s was staight out of the communist manifesto, he reply’d “What’s wrong with that, communism works!”. His twice a day commentary on Kitco serves only one purpose that I can tell, his literary exlax forces relevant commentary off the front page. He works for the bad guys and is mostly worthless.
Jon Nadler is the BIGGEST train wreck I have ever witness . His prediction are insane ridiculous and lack any anyyyy substance . How in GOD name does he still have a job at Kitco is beyond me . I remember reading his forcast on silver 15 ounce for 2010 wow great call Nadler. Whats even more insane he actually tells every invester and everybody should have at least 10% of their money in gold .Whats funny about that is if the world ” 6 billion ” plus people decide to actually listen to Nadler what would be the price of gold 10 000 ? 15000? 20 000 a Ounce …Jon Nadler a clown a jester of todays world thank you Jon Nadler for amuse us radical gold bugs for so many years for that alone you get A+ ………..
nadler is obviously and egregiously a well-positioned and preemptive apparat, whose prescient placement belies any of these aforesaid predictions, most certainly made most accurately by those who did indeed most brilliantly station him here . . . here as elsewhere
the little nipper, and his Master’s Voice, a mere echo of who’s soon to be all our masters: Victors
Awesome Article LOL !
Nadler’s a hard one to figure, unless of course he’s a Keynesian. People that are looking for a good timing device to position for gold, should consider reading Nadler just before a purchase/sell…..and then fade Nadler. It sure worked well for me.
Great Job! I think his articles are just a pathetic attempt to suppress the price of gold and discourage people from buying and holding physical metal (both gold and silver). Senior Analyst or Senior Propagandist?
The Saga of the Senior Analyst is the past decades’ ‘piece de resistance’ (he’s located in Quebec) of tragi-comedy in the investing world. Tragedy for the poor suckers who took his decade-long anti-advice. Comedy for those who are treated to a daily spectacle of watching him ty himself in knots to make an antiquated absurd theory fit the relentlessly rising fact of the gold price. An icon of cognitive dissonance. It reminds me of all those tenured egghead professors that babbled on so inanely, unfortunately it was in the days before ipods. Ah college….
@rob: Interesting idea. Maybe ‘Jon Nadler’ is akin to a precious metals ‘Stephen Colbert’? Play the part of a gold and silver super-bear on Kitco, and go home and sign for his monster box of US Eagles?
It’s was also interesting to me that, as John quotes similiar established sources to collaborate his prediction, he has never to my knowledge, shown where he gets his numbers.
Only quoting other sources with no data.
John is not an analyst, he writes /quotes elite propaganda, he is not an analyst
Refreshing read
I would like to take a moment to alert kitco members to what((((( i believe )))))the Kitco Forum’s are used for to manipulate your way of thinking you all know that fruit cake GG.
Well it has multiple handles
I also know nadler’s son go’s to harvard get this he’s trying to learn how to control peoples minds lol 4 real any way be aware that they try to get in your head that why. My ilk over 50 people send them bad info
Hey try to ban that ynot2k lol
Hi…….Kitco runs an interesting site, but I never look at Nadler’s letter because it is hard to have respect for such a person, but he must be a part owner to still be there; also I will not buy from Kitco because of his influence………………Chandler
And how about this guy
About Ag
All About Silver – … the buck stops here …
Ya right just joined Feb and already over 1100 post hmm?
And all his threads are about there not a 100-1 ratio of paper v real metal ya right
We see you About Ag
Oops there another post ynot2k that you can’t do a Dam thing about
let’s set up our own anti kitco foam where there’s free speech unlike shitco
I stopped using Kitco for this reason. If you have a fraud as a “senior (?)” analyst then what else is wrong
The other day I went at random thru older posts of Nadler: amazing!!!the guy is ALWAYS wrong. at first I thought he was just a bad analyst. but after a while it dawned on me that HIS JOB is actually to raise doubt for the would be buyers. and because his reports are spread throughout the media the unsuspecting public is misled.
Another fraud of the financial industry.
This man is a paid psychopath (as a physician I have never met an individual so ready to lie for money on a daily basis)
Beware
Good article.
Why is John doing this?
Who is paying him to do so?
Would not yoube fired for such poor analysis?
Respect forthis bouffon is mosquete to be round.
I recall reading a small portion of a nadler article a few years back and never read anything from that blowhard ever since! Now I can appreciate the reason.
The only thing that should NOT be said about this fully agenda’d anti-gold, anti-physical-buying, pimp for the anti-gold cartel and VERY likely protector of Kitco’s VERY likely UNfillable-with-physical pool accts (which he recommended to Kitco and helped set up I’ve read), is that he is simply mistaken. He is “mistaken” like a poison in someone’s drink…like a “stray” bullet to the head…like a knife in the gut “by accident.”
He is as sincere about adding gold to your investments as Judas was about enjoying being Jesus’ disciple. Judas was a greedy egoistic thieving ahole (as the disciple John writes very bluntly in his gospel acct).
Nadler is no “nitwit” as that would require ignorance…he is arrogant and pompous. He’s not blind…he’s PURPOSEFULLY deceitful. And I have had the same experiences speaking with and writing to Kitco. Their “excuse”…their explanation…is that he is “independent” and free to say what he wants. He is also, Kitco owners, your PRIMARY SPOKESMAN!!! You are very disingenuous when you say you’re simply trying to give a “balanced” view….he IS your PRIMARY SPOKESMAN to the public and he is as balanced in his views on gold and silver as the Democratic Senate has been in its dealings with healthcare. For each there has only been ONE agenda…and that has NOTHING to do with “balance.”
Great article!
I stopped reading Nadler a long time ago.
I don’t buy from Kitco because places like Apmex are cheaper on the buy and ay you more on the sell.
@jt: Kitco’s site suggests that “Under all circumstances, there is always physical bullion present in these vaults to account for 100% of the outstanding client balances in all Kitco Pool Accounts.” I don’t doubt their intention on that, actually, but I am more inclined to doubt the ‘approved vaults in secure sites all over the world’ aren’t just pooled across a dozen other pooling agents. If we assume that statement is be true, 100% of the pool balance could be offset with bullion, but that doesn’t specifically say it is exclusive to the pool accounts. For example, if I had 20 bars of gold, and 6 of my friends had 5 bars each in my pool, I could say in earnest that each of their holdings were ’100%’ covered by physical bullion, provided they don’t all attempt to withdraw at the same time. If they did, obviously, I’d be short 10. Just a thought, but maybe that’s explained in the fine print somewhere.
Nadler and KITCO are playing the same game as the bullion banks and for the same reason, they make money doing it. Anyone investigating the KITCO pool accounts will understand. They have a lot in common with Las Vegas, they lure you in promising gold, then once there you discover the game is rigged in the houses favor. Buyer beware of KITCO’s motives, they plan for you to loose!
Tim…exactly…so do many of the ETFs. And I’m here to tell you, if you don’t already know, that that is a bald-faced lie. Just as Adrian Douglas figured that for every ounce of physical gold the LBMA had available, it was selling around 40oz!! Then came the CFTC meeting and Mr Christian points out that the number is more like 1 real oz PER 100!!!! It all belongs to the same scam that WILL come tumbling down, and I have absolutely NO doubts that Kitco would very much NOT like to have everyone holding gold and silver in their pool accounts change all of it into physical.
BTW…does everyone here know that you can transfer, for a small fee, your silver or gold in a pool acct in Kitco into your GoldMoney acct? And btw…silver is obviously much more expensive to store, but if you have a GoldMoney acct, make sure that if you’re going to buy silver…or transfer silver from a Kitco pool acct…that you direct it to be kept in their HK vault…1/2 the storage fees of their Swiss vaults.
I at one time held quite a bit in a Kitco pool acct. Then I learned about Tokyo Rose and tried to decide what to do with what I had in the pool acct. I didn’t want to take delivery b/c as someone already said, Kitco charges to change pool silver/gold into physicala metal are ridiculous, on top of high delivery charges, w/insurance, esp for silver. Then I learned about transferring it to GoldMoney. I can buy silver cheaper from Kitco, pay their small transfer fee, and transfer it into my GoldMoney acct cheaper and faster than I can buy it IN my goldmoney acct, partly b/c I have to wire money into goldmoney, pay the fee, and then wait for it to show up. With Kitco, I can buy immediately and then turn around and transfer it to goldmoney. (Just so you all know)
Wake up
John Goebels Nadler AND Kitco ARE the dark side and there are many others(Dennis the Menace)! The sooner you all come to realize this the better you will be. Don’t waste time trying to figure out how these scum can be so stupid, they aren’t.They are paid to keep the neophytes/ignorant out of the market, that is a gift to those of us who understand monetary history and science. Utilize kitco for their charts and contra barometric propaganda, support them in no other manner though it is ironic that you may trade in ..your IOU NOTHING$ for HONEST MONEY. I envision FIAT FRYDAZE when they all torched atop piles of worthless FRNs. To the BASTILLE!
Two great things here. one the great facts about johny boy
2nd the free speech here unlike at kitco forum where people get there opinion deleted when the shills have facts shoved in there face
someone should tell people over @kitco forums to not only read the story but to read the replys!!
And share some dirt about kitco because they won’t know who you are & they can’t censor. You here
It is interesting to note that with over 30 comments posted here as I write this, not ONE even tangentially defends the deceptive, disingenuous, and dissembling anti-gold propagandist Jon Nadler. It would seem to be abundantly clear to anyone with an open and honest mind that Mr. Nadler is paid, for whatever motive, to poormouth gold and its price prospects, and to viciously attack its proponents, as puerile and laughable as the “logic” and arguments behind those attacks may be. I as well have written both Mr. Nadler (resulting in two very lengthy and revealing email exchanges) as well as Brad Kitner, the president of Kitco, asking them why they employ a man who has frequently been outright hysterical in his patently anti-gold-bias as their “official spokesman”, only to be met with denials and bland rationalizations from both men. It is to Mr. Kitner’s and his company’s dishonor that they continue to provide a public forum for this obvious shill for the status-quo financial and political power elite, and when one considers how many potential customers they have lost solely as a result of their employment of the hateful and dishonest Jon Nadler, one has to ask oneself just what is the real business and purpose of Kitco itself, as few businesses succeed by continually and savagely insulting their very would-be customers, and talking down their stock in trade, on a virtually daily basis.
Poor ole Joe. I read his comments out of amusement as if I were reading the Sunday comics.
If he’s not embarrased, he should be.
Any body want to let him manage your money?
If I needed to bankrupt a company, ole Joe would be my first pick.
GREAT compiling of Info on Nadler! I figured out he was a tool of TPTB a while back! I found his Kitco conference presentation, ridiculous. He said NO central bank wanted the IMF gold, so they were having to sell it on the open market – but that was a blatant Lie! Also says Gold will drop down to $800 or so all the time and says that is where the number should really be.
Kitco has him, I believe as someone else said, to protect themselves. They are a metals seller and they too can run out of metals, including protecting their metals pools. So, they are part of the whole game – protect themselves. the physical doesn’t match the amount in the funds. Over levaged!
Jim Willie, Howard Katz, The only guy’s worth reading on Kitco.
I have read a lot of Jons Nads stuff while gritting my teeth.
I do see a lot of posts on Maketwatch by an American patriot that is very anti-gold and its interesting just how often people have claimed he is actually Jon Nadler.The guy also posts that gold is going down big time with similar pricing to Jon’s and has also been consistently wrong.Not sure but I think he seams to show up more often when gold dips a bit.He sometimes shows to much knowledge to also show so little clue as to any anything pro gold,that’s hard to explain unless hes payed or just trolling for fun and likes to collect thumbs downs .
He is a very prolific poster, I mean he really posts a lot on any gold related titles.
A few others have been using his avatar or similar and similar naming now because he is so popular and often hated.
What about that Paul Van Eden character? He’s often mouthing the same crud about the “right” price for gold and it’s usually somewhere hundreds of dollars below wherever gold currently is.
Nadler is a sociopath, at the very least. Kitco = Shitco due to their association with this pathological liar.
Nadler is brilliant:
Just think about it, there are hundreds, perhaps thousands of silver buyers (us) who WON’T purchase from kitco because of Mr. Nadler.
Job well done, Jon!
Wrong always, results as desired.
I smell the Quickening!
Mineraux & Metaux Kitco Inc is a private company categorized under Precious Metals and located in Montreal, QC, Canada. Current estimates show this company has an annual revenue of 5,365,760 and employs a staff of approximately 32.
http://www.manta.com/ic/mt6hjpg/ca/mineraux-metaux-kitco-inc
Kitco Metals Inc. Careers and Employment
Recognized as a leading retailer of precious metals, Kitco offers a complete line of highest-quality bullion products as well as refining and trading services for industrial users of precious metals. With more than 8 million monthly visitors, http://www.Kitco.com is ranked as one of the world’s most popular sites for information on precious metals. More from Zoominfo »
Headquarters: Montreal Quebec, Canada
Industry: Manufacturing, Aerospace & Defense
Revenue: $14 Million
Employees: 50
http://www.indeed.com/cmp/Kitco-Metals-Inc.
QUESTION:
HOW CAN SUCH SMALL ENTERPRISE HAVE SUCH A DISPROPORTIONATELY LARGE IMPACT ON SENTIMENT IN THE PRECIOUS METALS MARKETS?
I like John Nadler. I know he’s been wrong about gold, but that doesn’t mean he’ll continue to be. One accurate call he did make was he was bearish on rhodium when it was at 10k. People have begun trading into his PGM’s, I am hoping rhodium will follow suit. His daily articles are witty and engaging. Agree or disagree, they are intelligent reads. Nadler may have political views that don’t resonate with most silver investors. Silver is very overbought right now. I’m not a shill for Kitco, although a client – I just can think for myself.
Mike says:
January 14, 2011 at 1:26 am
I like John Nadler. I know he’s been wrong about gold, but that doesn’t mean he’ll continue to be.
Come on Jon, I mean Mike.
I can see why you’re attracted to his type of reasoning,,,,carry on!
I am so glad to see I am not alone on the “Nadler” issue. It’s the craziest thing I have ever seen. I am a placer gold miner and I have no crystal ball, but it seems to me the world is in such turmoil in the world, who in their right mind would invest in anything that is not real. I would take a good survival kit over 100 grand in stock market garbage any day.
What bothers me most about Nadler isn’t that he is wrong. After all, it seems that he is a semi-retired quack that writes a dismissive missive. I called him a “blurb artist” and “yellow color commentator” in an email to him that, of course, he never responded to. Many such hangers on are frequently quoted in media but rarely taken seriously (if Nadler was, after all, gold would be $600 and Beck wouldn’t be doing Goldline ads). Besides, everyone is entitled to an opinion even if it is horribly wrong and different from mine.
What bothers me the most his cheesiness. He tries to be cute and ends up being condescending and corny.
He tries too hard and it is obvious. What’s up with all of his (parenthesis) double entendre? His belittling of gold and silver buyers as hackneyed stereotypes?
I sent the following email after the recent silver meltdown:
“If only the unemployed, the incorrigible internet gamblers with acne and the illiterate (those that don’t read your magnum opuses) had avoided silver they could have saved themselves. Fortunately, everyone with a large brokerage account (s), over 50 and professional advisers were unharmed, and now we can laugh at the suckers from afar (while doing a jig to voulez-vous coucher avec moi).
The wind is ablowin’ from the north and it smells rotten (like bad eggs).”