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Let's bring him.
The lubricants for him.
He even has friends that he calls lords of the dark matter he is built what can stock up Liechtenstein capital great to have you on the phone with us bill on a day like today.
You have said that there is one thing at a record breaking -- to the upside at that investors should be doing what is it.
I would be selling stocks -- not all your -- this minute but to.
Stop -- in the markets are getting is it because central bankers around the world are putting money into fashion like it never have before.
The market doesn't it reflects the fact that.
Fundamentals in the business world and the government world and that debt levels and all that are.
Drilling bits of the market's hitting new highs because the Fed and others predict the much money.
The very dangerous situation that you don't we'll change tomorrow but.
-- anyone who -- dot here is.
Hoping to sell them higher -- and door at the couple.
So I know that your perspective -- and I would I would -- everybody watching right now bill is not wrong that is very true but at when he sits at the rally fuel is tainted.
By Ben Bernanke and company by.
Putting in so much liquidity to prop it up at some point.
That will have to fall is that an inevitability.
Ha -- yeah it it is but but the thing that there's no there's no predicting in advance when that will be.
If you can't tell an advance all you can -- you can know -- It's not really health be it dangerous.
It may go on for some time I can't -- I never dreamed between 2004.
-- 2008 the housing bubble would last that long it gave.
See you can never know how long.
These things the last.
I know the pressures on people -- to -- got to keep up with the market.
Is that really the wrong thing to do -- believe after everything that happened last few years.
Let me play constraint to your contrary point of view and that is that while we know that.
The perhaps highly caffeinated energy drinks aren't really great for our hearts at least over the next couple of hours up do you -- -- you're gonna have a lot more energy so why don't.
Ride that wave for certain investors and then.
But nobody should try to market time but -- I have I've listened to real constraints a year ago I would've missed out on making a lot of you know that's my concern about your perspective bill.
Well that the fair point and got -- you know listen to be in 2007.
You would -- the whole rally between 2007 in the peak in 2008.
And then you would not have been wiped out in 2008 at night they -- -- -- -- If you're good nothing clever enough to buy stocks that sell them before other people -- then you can do that but the average person who -- Looking at and what of market doing its credit state she -- -- commit more capital could -- going up that person probably shouldn't do that you know because they're probably gonna lose money.
Tell me what your buying right now what do you like the most on a day like this or at least in an atmosphere.
I have no interest in buying oxygen there they got zero get beat zero and -- that doesn't mean that I don't -- if you.
But I have no interest in buying them now.
And my biggest concern is this colored paper that we call money.
It slowly becoming worthless I mean it's becoming worth less on its way to being -- basically -- So do like gold that.
Yeah I would rather if you people are gonna help not -- -- to hold cash that they need to have stuck and they can't be debate.
Right now we're in the part of the money pretty cycle where stocks go up but -- war the war because people are concerned about inflation.
That would change and gold will be a far better thing to all looking out over the next two years and the S&P from these levels.
Bill it's great to have a voice like yours on a day like this -- present all perspectives here on Fox Business.
And there are certain validity and in what you're saying thank you so much for joining us on the farm located -- -- -- -- -- built Lichtenstein of Liechtenstein capital gap --