Legendary Short Seller Covers Gold & Silver And What Will Usher In The Next Collapse
KingWorldNews.com
August 15, 201
Today a legendary short seller covered gold, silver, and what will usher in the next collapse.
By Bill Fleckenstein President Of Fleckenstein Capital
(King World News) – The futures were higher overnight, although I couldn’t tell you why, but it didn’t take long for those gains to be erased and the market was slightly weaker in the early going. This morning I took the opportunity afforded by the bounce over the last couple of days to reload some of the puts that I sold Friday morning. I only bring that up to emphasize the point that, for the first time in ages, I have begun trading around on the short side, however minutely. Not that my doing that makes it correct, but it is a change, so we will see if it leads anywhere…7
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