ALERT: Gold Ready To Assault $1,350
KingWorldNews.com
May 07, 2018
Despite what has been a strong countertrend rally in the US dollar, gold appears ready to assault $1,350.
Buffett & Apple
By Bill Fleckenstein President Of Fleckenstein Capital
May 8 (King World News) – The market continued its recent rally, led once again by Apple and the Nasdaq, with the former gaining 2% and the latter 0.75% in the first couple of hours of trading, while the S&P and Dow added 0.5%…
Fleckenstein continues: On Friday afternoon, given Buffett’s recent increase in his Apple position, I paid more attention to the news flow and even turned on Bubblevision to see if perhaps he might be interviewed at the Berkshire Hathaway shareholders meeting over the weekend and shed some light as to why he’d bought more. Not that it matters much, but I am sort of curious, much as I was when Buffett bought (and continued to buy) IBM when it was such an obvious disaster and the truth was right there in the financials, you didn’t even have to know anything about technology (although Apple and IBM are very different beasts).
And for Dessert, How About Some BlackBerry Crumble?
The Rest…HERE
