The central bank experiment… And how it ends

My guest today is Bill Fleckenstein, founder of Fleckenstein Capital.

Bill closed his short fund in 2009… near the bottom of the roaring bull market.

He seemed to be following the market wisdom of one of my former bosses, the legendary Marty Zweig. Marty famously said, “Don’t fight the Fed,” in reference to the Federal Reserve’s stance on the direction of short-term interest rates…

But this bear hasn’t been in hibernation.

Since 2009, Bill has been following closely—and opining daily on—the meteoric rise of central bank-fueled asset prices…

And he thinks the market is due for a correction.

Download Transcript

Topics discussed:

  • Why you don’t fight the Fed
  • Bubbles and manias: Signs to look for at the top
  • Gold—perplexing, but still a store of value



uranium market

Is there finally certainty for the uranium market?

After 18 long months, President Trump has rejected the Section 232 petition to impose quotas on uranium imports. Going against the advice of the Commerce Department, he did something else instead… Arthur Hyde of Segra Resource Partners uranium fund joins Mike to discuss the possible implications.
Listen Now
energy sector

How to uncover investment ideas hiding in plain sight

Geopolitics is a driving force of the energy sector—determining how and why the industry functions. Understanding its role is critical for investors… and may help uncover investments hiding in plain sight.
Listen Now