from King World News
With the price of gold surging nearly $30 at one point, today a famed short seller covered the big news in the gold market and the reason why gold is on a tear.
Bill Fleckenstein on pullbacks in the gold sector:
“There will always be corrections, the only question is how deep they will be. Currently, those on the sidelines are looking for a SEVERE decline, and I don’t think they will be accommodated.”