When Gold Turns It Will Trade Violently To The Upside
February 18, 2013
Today Bill Fleckenstein spoke with King World News about gold and global stock markets. Fleckenstein, who is President of Fleckenstein Capital, believes the gold market is at or near the end of the long correction. He also issued a warning about global stock markets.
“Eric King: “Bill, we’ve had a lot of the mainstream media the past few weeks saying that the gold bull market is over, your thoughts on that?”
Fleckenstein: “Don’t they say that every day, every week? Haven’t they said that for 12 years? It’s just another phase of a correction that’s been underway for quite some time. I think now that sentiment has probably gotten about as lopsided on the downside as it ever gets on the upside….