Fleckenstein – Expect The Stock Market Collapse To Accelerate

Wednesday, October 15, 2014
By Paul Martin

KingWorldNews.com
October 15, 2014

oday Bill Fleckenstein spoke about why all hell is breaking loose in major markets. Below Fleckenstein, who is President of Fleckenstein Capital, lays out exactly why the insanity is continuing to take place and does so in a way that only he can. This interview is Fleckenstein at his best.

Eric King: “Bill, last week in your remarkable KWN interview you stated:

“There is no way on Earth that the S&P is going to stay near 2,000 without the Fed printing money — there’s no way. They tried to exit from QE1 and QE2 and it failed and the market tanked. Does anybody really think

that they can print $1.5 trillion over the space of a year and a half, and then stop and not have the

markets go down? That’s the only reason the stock market went up.”

Eric King continues: “We’ve already seen the stock market tank 7 percent since you said that last Wednesday. What are your thoughts here as we see the Dow down roughly 300 as we near the close?”

Fleckenstein: “Ever since tapering was announced there was no way the Fed could taper to zero, in other words not print any more money, and have the market stay where it was….

The Rest…HERE

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