Now that's more like it! Suzy Assaad is currently interviewing Bill Fleckenstein, who thinks core inflation is a misnomer for there's nothing more core than food and energy. Thus, inflation for him is often understated. Plus, he opines that Alan Greenspan isn't doing anywhere near a good job. Housing, stocks, and bonds are far from promising. For him, basic investments hold little favor. Go for currencies and commodities especially if you're familiar with them. Cool! Like the inimitable Jim Rogers, the iconoclastic Bill Fleckenstein tells it like it is, warts and all. He's not beholden to big business, the government, or anyone else who makes him toe the party line; he goes his own way.
Posted by Emmanuel |