Tuesday , 3 December 2024

Fleckenstein: How Can So Many People Who Believe in Santa Claus, the Easter Bunny and Goldilocks Be Employed on Wall Street? (+2K Views)

We are going to get more money printing…[yet,] somehow, guys who want to buy stocks at 1,400 on the S&P all conclude that the Fed is going to stop easing…I just don’t understand [when] the consequences of money printing are going to be more inflation and the metals (gold and silver) are going to be a big beneficiary of that.

So says Bill Fleckenstein in excerpts from a King World News interview, as provided by Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!). This paragraph must be included in its entirety in any re-posting to avoid copyright infringement.

In the interview Fleckenstein goes on to say, in part:

We are in a period now where people don’t think we need the metals and the place to be is in stocks. So, now the same people who missed the stock bubble, the real estate bubble and every other problem that we’ve had, now, once again believe in Goldilocks. Even though the rest of the world is slowing down, somehow, magically it’s going to be great here.

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Fleckenstein’s interview can be read in its entirety here or you can listen to it by CLICKING HERE.

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