Silver as an investment

Jackie, Timmy, and Bill

Yesterday, I was intrigued to see on how Bill Fleckenstein called Tim Seymour “a jerk” on the air, since Tim was needling Bill about missing out on the Fed-created stock market rally.

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I was immediately reminded of what happened just over two years ago, on the exact same network, with Bill and – – this time – – Jackie D. I did a snarky post about the encounter.

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Interestingly, after CNBC dumped its arrogance all over Mr. Fleckenstein (see red arrow below), the following took place on the Dow Jones Composite for the next month.

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CNBC, naturally, doesn’t hire based on analytical skills or critical thinking. As Ms. DeAngelis demonstrates, the network executives are pursuing other asset classes:

All I can say is that I hope Bill doesn’t bother going back on this permabull network (whose viewership has been crumbling for years). Keep fighting the good fight, and keep rocking that awesome head of hair.