Have to give kudos to him on his right call. Gold has been a sucker’s bet for years now, and good God, gold stocks – the worst annihilation ever in any market. Absolutely nothing quite as bad.
As for his comment, “Further reducing enthusiasm for gold is the gradual improvement of the U.S. economy”
That is absolute bullshit.
Whatever, the manipulation deniers have every reason to gloat.
Further, John Williams has been singing the same song for years. Lump him in with Holter, Sinclair, GATA, King World and ZH. All dreadfully wrong for at least four years running.