"It was off the charts, just like it was a week ago for the short position and the Yen, the Pound and Euro. Well, we've seen what happened to that. You wanted to be on the other side of that trade. I'll take the other side of the gold trade as well. Whenever so many people are on one side, I will take the other side. I think gold probably rallies between here and the end of the year."
"Recent client visits to Europe, Australia and Asia confirm widespread pessimism towards the outlook for 'anything outside the US."