In this video...Greg provides comment on: *Mr. Summers *Bond Yields *Equities *Fed Reserve Tapering - Greg says 90% chance Fed will taper. 5' 55" [youtube]http://www.youtube.com/watch?v=M1r5YU67DTE[/youtube]
On the announcement that the Fed will taper...Geg says metals could take a hit...Greg's has spare powder set aside...He's buying - 09'25" [youtube]http://www.youtube.com/watch?v=SKbH2JQXPRY[/youtube]
"Greg says 90% chance Fed will taper." Has NIL idea what he is talking about. Too many 'funny' cigarettes!
and as usual he is wrong - we should just listen to him and do the exact opposite. How can anyone stand his smug laugh in his videos I could never understand.
I'm personally a Fan of Grey, "I don't find this post an opportunity to stick the knife in him, because someone has time stamped one of his predictions. I'm sure the OP, didn't want to start a Greg Hate thread. Greg like most people, you have to take with a "grain of salt." I find most of his points interesting, and I find his videos, the few that I watch, a interesting perspective that someone else believes whats going on in the CRAZY Financial world. My 2 dimes.
In his defence there was a lot of economists and commentators that were predicting the Fed would taper. I don't feel so bad considering how poor my track record is now.