Yesterday, from Bill Fleckenstein’s Subscriber question site, The Rap
Bill,
Over the last few months gold has been up, down, up and moving down again. If one owns gold, gold stocks or the etf would it not make sense to sit still as the dollar has a lot working against it and the odds are it is headed back down. Can gold stay flat or go down as the dollar falls? My take would be that all though nobody has a crystral ball, gold eventually heads up.
Your thoughts……
ANSWER
• I believe that the dollar is headed down in a material way, and that gold will be the beneficiary of that.
