Monty Guild
I have been getting his work since the old days when Jim Sinclair ( remember him…he was one Mr Gold…
He once had some credibility)
Jim always recommended Monty Guild as a voice of reason and balance .
This was before he switched horses and went of the deep end promoting a chiropractor named Bo Polny
better know as Po Baloney.
But I digress
Anyhow here is Monty Guild’s take on the situation.
Many will dismiss this as blind optimism …but i LIKE it !
Screw the End of the World…I like it just as it IS !
https://www.guildinvestment.com/2020/03/06/market-summary-5-march-2020/
https://www.guildinvestment.com/2020/03/06/market-volatility-recessions-and-the-uptick-rule/
I’ve followed Sinclair since 2005, in those days it was like him Jim Puplava, David Morgan and GATA and that was about it. I am very familiar with Monty but thing he is jumping the gun here with the all clear. What was evident on Friday is that the FED was buying the DOW into the close, since it is only 30 stocks, but soon they will be buying the whole damn temple.