"I sincerely hope that nobody took him at his word and stayed out of the market because they would have missed out on an once-in-a-lifetime,generationalopportunity to improve their financial position."
For one, I'm glad I didn't take crazy James "I predicted 50 of the past 3 recessions" Rickards at his word, because the 2015 non recession was around the time I began to ramp up my pivotal VGS investment which has had a Total Return of 280%.
VGS hit another All Time High on Friday. It had no right to do so. The cheeky bugger is beginning to embarrass me.
PS. They had Roubini on Bloomberg TV last night.
He said he wouldn't be surprised if we had a 10% correction later this year.
No sh.t, Einstein! We have 10% corrections almost every year. 5% corrections almost every month.
Why do they bother with those doom and gloom numpties?
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