We listened to Belling's show for a lot of years--over 20, at least--and he's made some big errors during that timeframe. One was just a few months ago, when he remarked that 'you know the price of gold is going down when you hear more Buy Gold! ads.'
Yah, well, he should stick to race horses.
...Gold started 2024 at $2046 per ounce. On 1 January this year, it was priced at $2622 — an increase of just over 28%. For context, in that same period the S&P500 index only saw total returns of around 25%. ...
He's leaving radio for a "podcast" adventure. Good luck to him. My children think he's really hot stuff, but after listening to him for long enough you realize that he runs a 'rinse/repeat' cycle; the names of the perps are different, but that's all; the stories are the same.
Bon Voyage! And consider buying some gold.
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