Don't throw in the towel, says our guest Charles Lemonides, chief investment officer at ValueWorks. Just don't expect financial stocks to lead the next leg of the rally. "I don't think the group that gave you leadership last time is the group that's going to give you leadership next time," Lemonides tells Henry in the accompanying clip. via Tech Ticker :
Monday, December 21, 2009
Bob Chapman on the Power Hour 21 Dec 2009
Bob Chapman Gold will go to $2010 This year
Many of European PIGS countries may default , the PIGS stands for Portugal Italy Spain and Greece , these two last are in the very worst shape , Greece may eventuality leave the Euro in a couple of months , Bob Chapman inform us that all the paper currencies will lose value against Gold , people buy Gold because they have lost faith in the financial system...the whole thing will implode and we will have a hyperinflation Bob Chapman the International Forecaster added...The bad guys lost but they are not going to give up....Merry Christmas to all
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