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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….
Everyone is focused on the mania in stocks that comprise the Dow and Nasdaq, but the world will see skyrocketing gold and silver prices.
As the stock market hits another new all-tie high, today one of the greats in the business exposed the great illusion of surging stocks and warned, “I know the fed will step in and start buying (wink).”
Today John Embry told King World News that as we march closer to Armageddon, something is terribly wrong.
With the US dollar tumbling and gold and silver surging, a legend who is connected in China at the highest levels just predicted that the price of gold will skyrocket 75% within 18 months!
As we near the end of July, it’s all about QT, sentiment and a bullish development for gold and silver.
Despite the euphoria, a major warning flag is now waving…
Today a legendary short seller warned we may be about to witness a gold rush.
With stocks now approaching historic year 2000 bubble levels, here is the big surprise.
As we approach the end of July, this will signal the major breakout for the gold market.