Analyst Quiz is Gold Overvalued Based on CPI–Go SHORT?
You just got promoted to advise Ackman; he is keen to improve returns. He slaps that chart on your desk and then asks if shorting gold would be a good idea? Why or why not based on this brilliant analysis? In fact, with “Deflation” fears rampant, Ackman feels gold could drop to $650.
Also, you read: The Golden Dilemma where two PhDs project a $350 price target. If experts such as these predict lower prices, then should you join the pack?
You have until this afternoon to report back. This tests common sense and critical thinking skills. Good luck!
A prize to be awarded.