Friday, January 30, 2015

Gold could be the next big trade

The only stock that I think has a great upside potential from here and in fact the GDXJ, the Junior Gold Mining Index is up 41 percent since the October lows and gold is up 14 percent since the October lows and this year 9 percent.

Over the last 4 months, the sentiment on Gold was the most bearish I have seen. 

I think gold has a lot of upside potential, because I think people will wake up finally. I say finally that if they could short, sell short the central banks, that is the trade of the century. The central banks will be exposed of what fraud they commit.
Marc Faber not a big fan of US Federal Reserve