He is right more often than not:

Dear CIGAs,50 years of trading markets and building companies

combined with outrageous good fortune has given me a reliable

sense of timing and value.I suggest that you cancel all sell orders

at any price in precious metals immediately so that no orders exist

when Asia opens.Sometimes Bert and Jesse trusted their years of

experience to guide them free of any tools at major points of change.

The hairs on the back of my neck are standing up at attention.

Not a pretty sight.That is what happened at $400 in the 70s and $600

recently.