View full page at forexfactory.com

 

What Wall Street Won't Tell You

From smartmoney.com

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)

Story Stats

  • Posted:
  • Category: Breaking News