A contrarian trade in gold's lopsided bull market

Gold has been in a bull market for a long time now. And with so much bullish sentiment, it’s looking very lopsided, says John C Burford, and is in an ideal place to try a short sale.

It has been a while since I covered gold that poster-child for the great inflation scare story that has caught trader's imagination for the past many months.

The powerful theme, of course, is that with a stream of Fed QE money-printing, inflation has only one way to go up, up and away; and with it, the US dollar will surely crash.

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John is is a British-born lapsed PhD physicist, who previously worked for Nasa on the Mars exploration team. He is a former commodity trading advisor with the US Commodities Futures Trading Commission, and worked in a boutique futures house in California in the 1980s.

 

He was a partner in one of the first futures newsletter advisory services, based in Washington DC, specialising in pork bellies and currencies. John is primarily a chart-reading trader, having cut his trading teeth in the days before PCs.

 

As well as his work in the financial world, he has launched, run and sold several 'real' businesses producing 'real' products.