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POSTED ON June 1, 2018  - POSTED IN Key Gold Headlines

Investors spend a lot of time mulling over predictions and prognostications made by various mainstream analysts, economists and talking heads on TV news shows. As it turns out, you might be better off listening to monkeys.

As Jim Rickards put it, financial news TV is one big “prediction engine.” CNBC features as many as 120 guests in a single day. And most of those pundits are forecasting. They predict stock prices, interest rates, unemployment, bond prices, and on and on.

So, just how accurate are all of these predictions?

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