Central Banks Buy Gold, but They Are Also Buying Mining Shares

from King World News

On a day when gold and silver pulled back, yes, central banks buy gold, but they are also buying mining shares.

By Bill Fleckenstein President Of Fleckenstein Capital

August 30 (King World News) – Overnight markets were mostly higher, but interestingly enough our stock market decided to spend time lower through midday before (naturally) trying to rally. However, that attempt fizzled for a change and the indices fell a bit more, which produced a rally, but in the end not much damage was done, as they only lost about 0.2%…

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