He has told Reuters Insider

“In my view gold could go to $1.200-1,300 (an ounce). Gold has been up 11 years in a row which is extremely unusual in any financial asset, so gold is overdue for a correction.”

On currencies he says he has a short-term bet on the euro, saying

“I own the euro just because there are so many people bearish and so many shorts in the euro. I do suspect that the euro will survive, in one form or another.”

Gold and euro trading at $1,588 and 1.3000 respectively.