As we end the week, it appears that we could see some really crazy price in the gold market.
Gold Price Way Undervalued
May 23 (King World News) – Bill Fleckenstein: “The problems in place and the escalation of those problems are going to lead in all likelihood to higher gold and silver prices and perhaps dramatically higher prices. There are plenty of sane and successful investors who think that the price of gold can go up a lot. Paul Singer said in his most recent quarterly report he thought that gold was undervalued by multiples of where it is. I never try to put prices on gold because I know I don’t know what price it’s going to trade at, but we could see some really crazy price. It’s much easier for silver to go up in some nutty way…to continue listening to Bill Fleckenstein’s timely KWN audio interview click here or on the image below.
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