from King World News
Today a famed short seller said gold is breaking out and may be ready for another surge as indications of chaos appear.
By Bill Fleckenstein President Of Fleckenstein Capital
April 7 (King World News) – Overnight equity markets were pretty uneventful, though our stock market wasted no time surrendering most of yesterday’s gains in a little less than 90 minutes, which I found interesting. Of course, any weakness I find interesting because I think that is the next big direction, even as I have tried to be very careful not to jump the gun in concluding when the downtrend might reassert itself…