The Global Casino, Gold, Silver, Energy & Flash Crashes
June 2, 2013
With continued volatility in gold and silver, today 40-year veteran, Robert Fitzwilson, wrote the following piece exclusively for King World News. Fitzwilson, who is founder of The Portola Group, discusses the the global casino, gold, silver, flash crashes, uncertainty in world markets and what investors should focus on in this environment. He also writes about how an uncertain future impacts both investors and fund managers.
Below is Fitzwilson’s exclusive piece for KWN:
Fitzwilson: “The experience one gets entering a major casino such as those in Las Vegas is not easily forgotten. The casinos are the indoor versions of the Circus Maximus or the Colosseum of Roman times.
When you enter the casino floor itself, you find yourself in a world created to make you lose sense of time and direction. For gamblers, whatever your preference might be, you will find what you wish….