"We’ve also argued that it’s impossible for an asset price to rise forever without a significant correction."
Bread
Milk
Cigarettes
Insurance
Electricity
Gas
School fees
stamps
Cinema tickets
have any of these had a significant correction in price?
All are an asset to the provider.
The "correction" is no more than "hope" and not a fact.
What happends if it doesnt come?
More to the point.....what happends if it does?
Do u then buy a falling asset class as its cheaper?
Wonder why investor finance has increased every month for the last 6 months...and while we have the lowest interest rates for many years?
I guess they have all got it wrong and buying into an asset thats about to drop bigtime.
lol
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Dr Michael Thurn, CEO & MD
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