Stanley put himself on a line

Stanley Drunkenmiller: Recent selloff in commodity prices is not a ‘correction’, but instead the end of a supercycle – Ira Sohn conf comments- Recommends investors hold currencies that benefit from lower commodity prices. – Recommends shorting AUD, avoiding CAD (as commodity currencies). AUD is being propped up by foreign bond buyers in search of yield. – Still likes GOOG, remains biggest holding. At 16x earnings and no China exposure, GOOG is cheap.