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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…
With the price of gold surging back above $1,330 and the price of silver near $16, market veteran Bill Fleckenstein had this to say about the gold and silver sector.
On the heels of the release of the Fed minutes, today the top trends forecaster in the world, Gerald Celente, just issued a major new trend forecast.
Today a legend who is connected in China at the highest levels predicted the price of gold is going to surge well above $2,000.
China announces it will not introduce “flood like” stimulus as stock market bulls increase for 7th straight week.
As we continue trading in the final two weeks of February, today UBS legend, Art Cashin, put out a note warning that the stock market may be showing signs of a topping pattern.
On the heels of another rally in the gold market that sent the price of gold above $1,340, today Bill Fleckenstein said right now is the best chance to see gold break above $1,350-$1,400.
With the Dow in the final phase of staging a bear market countertrend rally and gold surging to the $1,340 level, Michael Oliver, who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, just said, “We are going to see an upside crash in the gold market.”
As the world edges closer to the next crisis, today the man who has become legendary for his predictions on QE and historic moves in currencies told King World News that this man’s predictions for the world are absolutely terrifying.
The following is the full transcript of the remarkable interview with Warren Buffett’s partner, Charlie Munger, that CNBC sent to King World News.