from King World News
With many people wondering what’s next for the markets, today Bill Fleckenstein warned silver may be about to scream higher as people lose confidence in idiot central bankers.
By Bill Fleckenstein President Of Fleckenstein Capital
March 17 (King World News) – Despite the Fed’s dovishness, overnight markets were mostly lower, though that did not seem to matter too much to the SPOOs or trading here, as the indices were not very far from unchanged through midday, with the Dow and the S&P slightly higher and the Nasdaq a touch lower. In the afternoon they all marched higher still. By day’s end the Dow/S&P gained about 0.75% (with the Nasdaq just up fractionally despite decent strength in lots of speculative names, especially chips)…