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A Video for Fred/EJ....(Gold bugs do not watch!)

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  • #91
    Re: A Video for Fred/EJ....(Gold bugs do not watch!)

    Originally posted by fightthepower View Post
    He has been wrong on Gold so far. In video 5 he said he owns no gold and is short goldstocks. Many of them have doubled since mid December.
    In another interview, he also said that most of his profits in 2008 came from being long gold. He rode the trend when it made new all-time highs. How does that make him wrong "so far"?

    I like Hendry's perspective, particularly on China. He described the situation in a way I hadn't thought of it before: that they built huge amounts of production capacity for a debt-driven market that wasn't sustainable.
    Last edited by Sharky; September 13, 2011, 05:18 AM.

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