There Is Now A Danger That “All Hell Is Going To Break Loose”
September 18, 2013
In the aftermath of today’s historic Fed decision, the man who correctly predicted last week, “as the fantasy dies,” panic will ensue and gold will soar, warned King World News that in the wake of this Fed disaster there is now a great danger that “all hell is going to break loose.” Below is what Bill Fleckenstein, who is President of Fleckenstein Capital, had to say in this powerful interview.
Eric King: “Bill, in the aftermath of the Fed decision gold has exploded on the news of no tapering.”
Fleckenstein: “Well, I think there have been a lot of delusional people. And nobody exemplifies this better than the Goldman Sachs policy, which they have articulated all year, that ‘The economy is going to be stronger and the Fed is going to be tough.’ They’ve been saying that for nine months now….