Jason Ruspini loves gold.

Jason Ruspini made a bullish call on gold, in February 2009. Gold is up like 2.5% since his call.

About Chris F. Masse

Founder and President of Midas Oracle
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2 Responses to Jason Ruspini loves gold.

  1. After friday it is closer to 2% and that post may be the kiss of death as the dollar looks like it may break out of its downtrend here. The US should be first to raise rates and certainly if all central banks get hawkish, that moderates enthusiasm.

    Also I have been trading around the position. As noted, the options seemed expensive, and I have been selling calls against part of the position from month to month.

    This is all my personal account and has nothing to do with my fund, btw.

  2. With the rate hikes, I was talking G3. The thinking at the time was that the US recovery was relatively robust to other G3s, and they would lead the way out. We’ll see.. Also, gold rallying even in the face of RBA moves is one of those bad news / good action indicators that contributes to continued bullishness.

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