Ian McAvity – a friend and colleague – passed away suddenly a few weeks ago. Ian was a “gold bug,” technical analyst, and humorist – and first-rate at all of them.
If you ever had a chance to see him talk at one of the technical analysis or precious metals conferences, you would certainly remember his blend of humor, irony, disdain for the government mismanagement, and insightful predictions.
He was especially skeptical of the general advice given by the brokerage community. This was one of his best jokes: “God says that you come into this world with nothing and you leave with nothing. So don’t be angry with your broker...he’s merely doing God’s work.”
The picture on the bottom was usually near the end of one of Ian’s presentations, along with his warning not to get too complacent, no matter how wonderful your trading has been going.
A Canadian, Ian had a slightly different perspective on many issues, most of which appeared in his newsletter, “Deliberations on World Markets” which he published for 44 years before winding it down in 2014.
His wisdom and wit will be missed.■
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