Posted on 01/06/2016 10:07:26 AM PST by amorphous
As Wall Street axioms (Santa rally, January effect, as goes January etc.) are rapidly falling by the wayside at the start of 2016, following a chaotic but return-less 2015, the UBS analysts who correctly forecast last year's volatility are out with their forecast for 2016. It's simple - Sell Stocks, Buy Gold.
UBS Technical Analysts Michael Riesner and Marc Muller warn the seven-year cycle in equities is rolling over.
(Excerpt) Read more at zerohedge.com ...
I’m sure you’re correct. My point was that writers who saved buy gold more than likely just happened have gold to sell you.
Yep, exactly right you are.
Some of the hedge fund mangers and gold bug analysts want panic buying to keep trying to prop up gold prices from falling, but crash they will. Panic buyers from China and Europe and fearful U.S. buyers are artificially holding up gold prices which will eventually crash and burn.
I hear they both need to be "refined".
"That's not right the price should be rising not falling, unless?" "Get in there and sell sell sell!"
Yes. UBS. Whatever it is I’m sure it sells gold.
Yep, rising gold prices in the face of falling equities, and more especially falling commodity prices, is flashing all matter of warnings!
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