I'm extremely sceptical of this clown. Last time this he was talking about FAR was somewhere between the 25th of feb and 9th of march which coincided far to nicely with an article in the AFR about Ophir's intention to float with a mention of FAR.
What happened? We got pumped and dumped.
I wouldn't be surprised if the traders at steamtrading.com got caught with their pants down overexposed and betting on a run up during the drill. Definitely a shot at getting some more trading liquidity, in fact they are probably the ones running the algos in my opinion.
People got burnt back then and they sure as hell are taking his latest spruik with a grain of salt.
And shorting gold in the months leading up to the re-emergence of the US debt ceiling issue.. are you mad? There was always going to be uncertainty.
BTW for the record, this bitterness does not come from loosing money back then as I am an investor.. not a trader. I am bitter about how they used media connections for manipulation and self gain.
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