from King World News
On the heels of the continued war in the gold and silver markets and an extraordinary move in the share prices of mining companies, today one of the greats in the business answered the all-important question: Will gold, silver and the shares pullback or melt-up?
By Bill Fleckenstein President Of Fleckenstein Capital
April 20 (King World News) – Overnight markets were sort of uneventful, although China did lose 3%. In the Land of Make Believe, a.k.a., Japan, 10-year JGBs closed at a record-low yield of minus 14.6 basis points, while here in America the fantasy continued for the stock market, and nothing demonstrates the machismo and brazenness of the bulls more than the action in Intel.