Why Famed Bear David Tice Is Frightened Of Betting Against Shares These Days

Longtime stock market bear David Tice is easing up on the growls.
Still, since he believes that equity prices are not adequately supported by fundamentals, Tice advises investors to “hedge” by owning gold or gold stocks.
So far this year, the S&P 500 has risen by 10 percent while gold prices are up 7.1 percent.
To be sure, Tice’s market calls have not always proved prescient.
The president of Tice Capital, known for having run the Prudent Bear Fund.

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