not euphoria follower
-
What Wall Street Won't Tell You
But here's what the Wall Street pros don't tell you: They aren't a whole lot better. I sometimes wonder if they know anything more than the rest of us. Yesterday two separate reports landed on my desk. Both showed how the big money honchos have been handling your savings and investments. The findings? You probably don't want to know. According to the latest monthly survey from Bank of America Merrill Lynch, these professional money managers now think gold is "more overvalued than at any time since December 2009." Those are Merrill's exact words. In December, 2009, gold hit a high of $1,170 an ounce. Today? Oh, ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Jun 16, 2011 11:16pm Jun 16, 2011 11:16pm
- iqyu5an
- Joined Jul 2010 | Status: Always manage your risk & leverage | 118 Comments
- Comment #2
- Quote
- Jun 17, 2011 3:17am Jun 17, 2011 3:17am
- lastresort
- | Joined Sep 2010 | Status: Member | 26 Comments
- Comment #3
- Quote
- Jun 17, 2011 5:18am Jun 17, 2011 5:18am
- Mike Haran
- | Commercial Member | Joined Oct 2010 | 699 Comments