Fleckenstein On Insane Markets And Why “The Setup For Gold Has Never Been Better”

Thursday, April 2, 2015
By Paul Martin

April 02, 2015

With the Dow trading well the 18,000 level and gold, silver and oil on the move, today one of the greats in the business sent King World News a powerful piece discussing the insane action in major markets and why the setup for gold has never been better.

By Bill Fleckenstein President Of Fleckenstein Capital

April 2 (King World News) – The most interesting development overnight was the fact that — for no particular reason — the SPOOs were splattered for about 1%, before crawling all the way back to unchanged over the next several hours.

I have no idea what that trade was all about, as overnight markets were green for the most part, while the early going here saw the indices lower to the tune of about 0.5%. From there the market essentially drifted sideways the rest of the day, closing 0.5% or so lower….

The Rest…HERE

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