Contrarian Forecasts

In the first edition of the new Gold Videocast, Peter delivers his verdict on the gold market for the first half of 2014, analyzes Janet Yellen’s performance so far as Fed Chair, and makes some contrarian forecasts for the rest of the year. 1:00 – Gold’s rise has confounded Wall Street banks that advised their clients to sell in expectation of a big correction. 1:40 – Even though the financial media has focused on the Dow breaking 17,000, gold has actually outperformed the Dow this year. 2:10 – Mainstream forecasters have bought into the narrative of a genuine US economic recovery and the … Continue reading Contrarian Forecasts