Great story. They are usually wrong, just as the fund managers. I’m sure they try to be accurate. They have an interest in being right, because that gains them recognition. Tornberg uses the past to predict the future. There is value in that.
It’s interesting – at the conference I attended, he perfectly laid out the groundwork and current problems, and then jumped to a completely different conclusion that most of us on this forum.
Check out a 60 minute video he gave a few months back, which is the same talk he gave on May 3 in San Diego. If you don’t have 60 minutes to listen to the whole thing, go to the last 10 minutes to catch the RE part.
I’ll do my summary in the next few days, have been too busy lately.
