Saturday Listening and Reading: Bill Fleckenstein, Art Cashin, Ben Davies, Hugh Hendry

Started by CrackSmokeRepublican, October 03, 2010, 09:33:01 PM

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CrackSmokeRepublican

Saturday, October 02, 2010

Saturday Listening and Reading: Bill Fleckenstein, Art Cashin, Ben Davies, Hugh Hendry

Eric King has had a great list of guest interviews recently. Please see King World News Broadcast for a list.

Ben Davies discussed currency frictions and how that might eventually lead to war. Also see Hinde Capital's Ben Davies: Currency Interventions Mark End Of Dollar Era And First Step Toward War on Business Insider.

Bill Fleckenstein talked about how reckless and arrogant policies by Greenspan and Bernanke are contributing to strength in gold and silver.

Art Cashin discussed the comments from the Walmart CEO regarding extremely significant and stronger sales at the beginning of the month. Meaning customers were coming into the store at 11 pm and shopping to get necessities like baby formula and other staples but shopping long enough for the government assistance cards to become activated at midnight and beyond.

Hugh Hendry looks for a big deflation event to happen ahead of currency debauchery. Hendry is also very bearish on China and thinks that China is due for a fall in terms of GDP.

Zero Hedge discusses the Eric King interview with Hugh Hendry in Interview With King World News: "If Inflation Is A Monetary Phenomenon, Hyperinflation Is A Political Phenomenon"

In general, I side with Hendry. All King interviews are lengthy, discussing topics in detail. Please give one or more of them a play. The interview with Hendry is particularly interesting.

http://www.kingworldnews.com/kingworldn ... 3A2010.mp3




Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
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After the Revolution of 1905, the Czar had prudently prepared for further outbreaks by transferring some $400 million in cash to the New York banks, Chase, National City, Guaranty Trust, J.P.Morgan Co., and Hanover Trust. In 1914, these same banks bought the controlling number of shares in the newly organized Federal Reserve Bank of New York, paying for the stock with the Czar\'s sequestered funds. In November 1917,  Red Guards drove a truck to the Imperial Bank and removed the Romanoff gold and jewels. The gold was later shipped directly to Kuhn, Loeb Co. in New York.-- Curse of Canaan