3min chapter

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#33: Bill Fleckenstein On Profiting From Central Bank Mistakes

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Stagflationary Environment in the Stock Market

Jesse Jackson: It feels to me like we could be facing another kind of stagflationary environment where we have a painful recession. You know, in terms of not just the bond market, but also the stock market. He says he's been running his short strategy by being long gold and gold is because he felt that they're always going to air on printing too much money until the bond market takes away the printing.Jackson: I think you can make more money being longGold and gold stocks then you will being short generically or specifically. The amount of monetization is kind of taken; this rally when it rolls over would be the classic should have been a back opportunity.

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