With continued uncertainty in global markets, today one of the greats in the business told King World News that gold and silver have entered new bull markets.
Bill Fleckenstein: “It would appear that the gold bear market has ended. That sounds like a trivial statement but it really isn’t. It seems like all you really need to know is are we in a bull market or are we in a bear market and get positioned and sit back. With hindsight that’s so easy to do but it’s hard to know in real time if that’s the case. I think that it is…
In a King World News interview I spoke with the man who predicted the Swiss National Bank would experience staggering losses and that the Fed would also experience massive losses that will destabilize the global financial system! His company is the only one in the world offering a precious metals investment service outside the banking system, with direct ownership and full control by the investor. He has also become legendary for his predictions on QE, historic moves in currencies, and major global events. To find out what he and his company can do to help answer that age old question for you CLICK HERE.
“This time I think that the behavior of the metals has been better. I also think that the bull case for the dollar has waned. Part of the bull dollar fantasy was the same with the S&P, right? Last spring it (the dollar) was at its zenith when they thought the Fed was going to start hiking and obviously the Fed didn’t.
Printing money drove the market up. The market got high enough and people believed that the economy was going to be great, and therefore the dollar was going to do well because the Fed had the right solution. And everyone was going to have to do what we did because they were behind the curve and so that gave us the big bull run in the dollar, which has been fizzling since spring.
Gold And Silver Have Entered New Bull Markets
There is nothing really stopping the metals and the news is all favorable for the metals, as it has been for the past few years when they inexplicably seemed to go down constantly. So I think that gold is in a new bull market and the higher prices will bring in more people because the metals have pretty much demonstrated…To continue listening to the powerful audio interview with Bill Fleckenstein CLICK HERE OR ON THE IMAGE BELOW.
***ALSO JUST RELEASED: A Full-Blown Depression Will Soon Force Radical Change CLICK HERE.
***KWN has also now released the incredible audio interview with Egon von Greyerz, where he discusses the worldwide collapse, what investors can do to prepare and protect themselves, why gold and silver are headed to new all-time highs and much more, you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
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