May 26, 2015
We caught up with our old friend Rick Ackerman today. He called the turn in the stock market on the dime, but couldn't get in to make the trade. Sometimes the market stays ahead of even the most seasoned trader. He's sticking to his theasus that Treasuries are the trade of the century and is putting his money where his mouth is. So far, so good. Precious metals are still in a bear market and the immediate future's not looking good, but for how long? All bear markets eventually become bull markets, it's just a matter of when.