I sometimes marvel at the tone deafness that many money managers exhibit, completely unable to discern the direction of the market winds. He believes the recent spike in gold was nothing more than a bounce and that it will begin heading lower from here–retesting the lows of 1,050 reached last year.
If you enjoy the content at iBankCoin, please follow us on Twitter
Exodus says gold is overbought (12 month). Maybe this chap isn’t so far off..? Dr. Fly, the Conquistadors lost all those ships because of their greed gold…
Why do MM so often resemble that creepy dude one would not allow alone with their children? Always so pale.
He used to be at Ned Davis Research and had some pretty good calls prior to 2011. Haven’t really followed him much after Euro Money bought NDR.