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| He seems much too confident about making predictions. I listened to a bit of it, and it seems like he is already wrong about gold - at least the timing. So far, price is where he was anticipating a bottom.
As for the USD, we're near year-end, and the direction seems to be opposite of what he says. I keep wondering - where will the money move to if it wants out of the USD?
Anyway, I have a difficult time listening to anyone who is convinced that they know what the future will bring. (g) Cycles, IMHO, as with anything else, only seem to me to give some probabilities of what might happen - and then only at some times. Reading James Gleick's excellent book really made clear to me why this is the case. | |
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The value of the dollar
