Commodity Culture, Released on 12/13/24
Bill Fleckenstein has been long gold for 25 years, and he sees plenty of signs that the metal has a long way to run, including ballooning debt and deficits, entitlement spending that can’t be cut, out-of-control money printing, and a political class that couldn’t balance a budget to save their lives. Bill also provides his thoughts on silver and why he thinks it could outperform gold, why the Yen is starting to look attractive, how free speech is being eroded around the globe, and much more.
00:00 Introduction
00:46 Trends Investors Should Be Watching
08:44 Importance of Having Cash
10:40 Gold and the Yen
14:24 Inflation Will Drive Gold Price
20:11 Will Silver Outperform Gold?
23:24 Gold Mining Stocks
27:42 Thoughts on Commodities Sector
28:52 Japanese Market
29:30 Attack on Free Speech Worldwide
35:10 Will Trump Champion Free Speech?
37:41 Geopolitics and Investing
Bill Fleckenstein is the President of Fleckenstein Capital and writes a popular column ‘Contrarian Chronicles’ for MSN Money as well as the daily Market Rap column for his website: Fleckenstein Capital. Bill has appeared at one time or another in virtually all financial media including Bloomberg, CNBC, The New York Times, MSN, Marketwatch, Barron’s and more. Bill is a highly sought after speaker, successful author of Greenspan’s Bubbles: The Age of Ignorance at the Federal Reserve and has been in the financial sector for over 25 years.