Wednesday, February 10, 2016
2016 - 2017 will not be good partly due to central bank mistakes
We will all have to pay the price of mistakes.
The world is going to have problems. In America that used to be the main market, it has not got a serious stock market set back in the past 6-7 years. That is very unusual. Normally, market corrects 15-20 per cent every year or so. We haven’t had corrections like that because of the artificial money printing by the central bank. We are going to have a big problem next time we have a setback and it is coming in 2016-2017.