Richard Bernstein: Gold Prices Have Gotten Silly

Richard Bernstein is one of the few folks willing to stick their necks out and be pessimistic on gold. He said it’s left the fundamental arena, and entered the speculative one, citing the fact that people are paying huge premiums for gold coins.

In terms of what he likes, he says get ready for a small-cap rally starting in December.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at

Tagged In

gold moneygame-us