John Scurci, Corona Capital Partner and Chief Investment Officer, is bullish on gold for 2018. One of his reasons is the ratio of the price of gold to stocks. He asserts that stocks are punching out new highs because of the money-printing orgy that the world’s central banks have gone on since 2008.
Not coincidentally, David Stockman, who served as Budget Director to President Reagan, also thinks that stocks are too high.
For more on Scurci’s thinking and other reasons he sees 2018 as good year for gold, see 2017 Year in Review.
