Bill Fleckenstein: President of Fleckenstein Capital – Bill is a professional money manager with over 30 years of experience, he also writes a daily Market Rap column for his web site at Fleckenstein Capital. Bill has appeared at one time or another in virtually all financial media including King World News, Bloomberg, CNBC, The New York Times, MSN, Marketwatch, Barron’s and more….
After a $4 billion sale of paper gold took place in less than one minute, a question began to arise: Who was it that sold the paper gold? The answer according to London metals trader Andrew Maguire, who spoke with King World News shortly after today’s raid, is that it was the US Plunge Protection Team that was responsible for the takedown.
One of the greats in the business just issued this major warning.
With stocks and the dollar trading lower, here is what governments don’t want people to see.
As the world nervously watches developments in the Middle East, here is a major update on gold, silver and crude oil.
Today the top trends forecaster in the world, Gerald Celente, warned this event may cause oil to spike over a $100 a barrel in a matter of weeks, igniting gold and cryptocurrencies.
With continued uncertainty in global markets, here is a big picture look at what is happening around the globe, including China, Bitcoin and the US dollar.
One pro summed up the frustration some market participants are feeling: “This continues the astronomically abnormal market activity over the past week.”
As we kickoff the second week of trading in the month of November, what is happening in the gold and silver markets is remarkable. This piece also takes a look at the insanity taking place in major markets.
This is the real reason why gold and silver are surging today.