Bill Fleckenstein – The Fantasy Is Unraveling As Disastrous Policies To Impact The Net Worth Of Everyone On The Planet, Plus A Bonus Q&A

Wednesday, June 3, 2015
By Paul Martin

KingWorldNews.com
June 03, 2015

With chinks beginning to show in the U.S. dollar’s armor, today one of the greats in the business sent King World News a powerful piece warning that the fantasy is now unraveling as disastrous policies to have a huge impact on the net worth of everyone on the planet, plus a bonus Q&A that includes gold.

By Bill Fleckenstein President Of Fleckenstein Capital

June 3 (King World News) – The bonfire of the bond markets continued overnight in Europe, with virtually all of them lower, apart from a rally in Greece. Germany’s yields are now approaching the high end of their recent trading range, as they jumped 17 basis points to around 71 bps.

As has been the case, however, equity markets weren’t impacted too seriously, though they were a bit lower. Once again, the same form held here in America, with our bonds roughed up, but the stock market pretty much ignoring that, as equities traded in a small range around unchanged all day and closed flattish.

The Rest…HERE

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