Loading ...R640 – it seems to me that Mike Ivanovitch has it pretty much right in his forecast, especially for the shares. Probably still have some tax loss selling holding the shares back but providing the metals hold up, we may see some good moves up in the last week of December and into Q1.
Not sure I agree with his forecast that rates will rise a little. That might depend on oil and the SM. Jeff Gundlach says if oil falls to $40 the Ten Year treasury could go to 1%. I tend to agree with him if the USD holds reserve status.