Tuesday, May 11, 2010

[Video] 'Perma Bear' Bob Janjuah in the Flesh on Bloomberg

Royal Bank of Scotland's "Perma Bear" Bob Janjuah seems to have made his first video appearance that I can find, today on Bloomberg. Like many 'bears' he is realistic facing an unprecedented liquidity tsunami by central bankers worldwide - but believes it will end in tears as these things are apt to do.

Obviously bullish on gold (target $1500), bearish on Euro (target par with dollar), S&P overvalued ("fair value" 850).

[Note to CNBC hosts... notice how the host asked questioned and listened without interrupting 6.3 seconds into an answer? Revolutionary]

10 minute video - email readers will need to come to site to view

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