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FLECKENSTEIN: THE FED IS REINFLATING OUR PROBLEMS

19 October 2009 by Cullen Roche 3 Comments

Bill Fleckenstein has navigated this market flawlessly over the last year and more importantly, he has absolutely nailed the macro outlook.  He believes the Fed is reinflating all of our problems and believes that nothing has been resolved over the last year:

Press here to listen to the entire interview.

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Comments
  • billw

    Fleckenstein is correct, and he has a lot of company that he may not be aware of that are with him. To list just a few: Karl Denninger, Tavakoli,Simon Johnson, Jim Rogers, Marc Faber and loads of others. Unfortunately they are not given as much time and credence on TV as the sunshine pumpers. Some of these idiots will be trying to make an extra buck right up until the implosion when they lose it all. Not logical is it? Obama, Geithner, Bernanke and company are crazy to be doing what they are doing. You can’t stop an avalanche or a primary trend ( per Richard Russell). What you can do is get out of the way and try to reduce the damage done.

    10/19/2009 at 6:14 PM
    • Cullen Roche TPC

      Fleckenstein has done a nice job of connecting the dots to an actual trading strategy. I read somewhere that he is looking to get short after this earnings season. I think he onto something there….

      10/19/2009 at 6:20 PM
  • John Doodle

    If the only tool you have is a hammer, every problem looks like a nail. Americans would be shocked to know that their central bank, for all its worshippers on Wall Street and ass-kissing it receives from the intellectual community and main stream media, is a one trick pony.

    10/19/2009 at 7:40 PM