Today a legendary short seller warned King World News that investors can’t lose their cool because he’s 100 percent certain it’s going to be a wild gold bull market.
The1970s
Eric King: “Bill, looking back at the 1970s gold and silver bull markets, do you think we’re in for kind of a wild ride to the upside, as bumpy as it will be?”
Bill Fleckenstein: “Oh yeah! I’m 100 percent certain that it’s going to be wild, volatile and hard. I have no doubt about that. That’s why I can’t use the word ‘easy’ (to describe it), other than from an intellectual standpoint, because it won’t be. And so people need to be prepared.
Don’t Lose Your Cool
There are going to be hellacious drawdowns and periods where you think you are wrong and you missed it and it’s over. But I don’t see how it can be over inside of anything short of a couple of years and it may be 5 or 10 years before it’s over. I don’t know. All I know is…To continue listening to one of Bill Fleckenstein’s best audio interviews ever CLICK HERE OR ON THE IMAGE BELOW.
***ALSO JUST RELEASED: ALERT: Andrew Maguire – Western Central Planners Have Finally Lost Control Of The Gold Market CLICK HERE.
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