It just makes me laugh when someone who knows very little about the market thinks that prices will fall when 100% of people who work in the industry think prices will continue to rise.
Where he gets his information from I don't know. Probably an unscrupulous broker who is just trying to tie him down to a flex contract that will keep going up in price every month.
I guess you can't help those who don't want to be helped.
A little bit of information can sometimes be too much information. Not enough is an issue, too much and a little can be dangerous, but equally, when I think I know about something, I won't be told.....