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JEFF SAUT: GOLD IS GOING SUBSTANTIALLY HIGHER

12 July 2010 by Cullen Roche 1 Comment

Excellent interview here with Jeff Saut of Raymond James.  Saut thinks we’ve put in a near-term bottom in the equity markets, but that there are many longer-term warning signals.  Although he’s not in the double dip camp Saut does believe policy errors could cause a recession in 2011.  Saut also believes the gold bull market is still in its early stages and that the precious metal will trade “substantially” higher.  Great macro comments here:

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Comments
  • jack

    if anyone from ramond james said the sun was shining,I’d have to outside and look,
    I had a bad time, as my x employer “ran” my 401-k with them. I had no options. They ran it into the ground.

    I quit(over this VERY issue) and was denied unemployment insurance,told by the state of IA, “EVERYONE LOST 80% in their IRAS<401k's)-unemployment benefits DENIED!" After 14 years of working and puttin in the insurance.
    that was that.
    I had bought gold coins-2005-2006, and have been able to live on them w/out ANY Gov. "help".
    IA is a FORCED to work state. I left, and the company has since gone out of biz,no tears for them either.
    raymond james, indeed, what a huge rip off. They should be horse whipped in the street.

    07/12/2010 at 8:35 PM