Worst market call ever?

[Wayne Gibbous]

Some guy named "Marketsurfer" was screaming that gold was going to drop below 600 a year or so ago...

 

[olias]

Quote from Eight:

I read in a book that was still selling in 1996 that the end of western economies as we knew it was to be over in 1995!! It was by a famous Elliott Wave guy and he's still around getting media attention and probably selling books and a letter or whatever..

That's why people still believe in Astrology and other nonsense. Human nature is to forget the times they predicted wrong and only latch onto the predictions that they got 'right' (and by 'right', I mean 'close'....you only have to be close to impress a lot of people).

 

[Gambitman]

Joe Granville's September 1982 Sell. (The famous Granville Reversal)

 

[Eliot Hosewater]