Monday , 26 June 2017


Fleckenstein: Central Banks Will Try to Inflate Debts Away – Got Gold?

…[A]t some point they [the central banks] will all start printing money. At some point they will recognize we are not going to have a deflationary collapse, that we are not going to have a deflationary debt liquidation…. If we get some serious stock market weakness, on top of the economic deterioration, then I think the central banks of the world, and in particular the Fed, are going to panic and do something big….They are going to print money and try to inflate the debts away….[As a result, there] is going to be this big, unridable phase of the bull market in gold that’s going to take place. That’s in front of us. It’s probably closer than most people think.

So says Bill Fleckenstein in edited excerpts from his most recent interview with Eric King of King World News brought to you by Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!) and www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds). This paragraph must be included in any article re-posting to avoid copyright infringement.

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Fleckenstein concludes his interview [it can be read in its entirety here] by saying:

What I am salivating over is the chance to really press my gold position. I think the next leg is going to be really, really powerful. When I sense that the Fed is going to pull the trigger, I’m going to make my gold investments a lot more aggressive than they are right now…The American people are going to realize at some point they need to own gold….and when they start stampeding in…[there] is going to be this big, unridable phase of the bull market in gold that’s going to take place. That’s in front of us. It’s probably closer than most people think.

Editor’s Note: The above may have been edited ([ ]), abridged (…), and reformatted (including the title, some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. The article’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article.

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