Bill Fleckenstein tells King World News:
"... At the margin, incrementally, the world is starting to realize that this is a moment in time that’s never been seen before. The world’s reserve currency is confetti, and the currencies of all the major countries are all confetti. They are not linked to anything.
"We have never seen a moment in time in the world where we are on a confetti standard across the board and I think people are starting to realize what that means. These currencies have no value. Believe it or not, the gold bull market is now 12 years old and it’s still early for people understanding what all this means.”