By Tyler Durden
In this extensive interview with USAWatchdog.com’s Greg Hunter, Charles Nenner, renowned financial and geopolitical analyst, has been saying for a few years that “there would be no market crash until the end of 2017,” and “if people were not positioned correctly, they could lose everything.”
It’s nearing the end of 2017, and Nenner says, “I think we are there already. . . . We, personally, are totally out of stocks at this point.”
So, where is Nenner telling people to stash their cash?
Nenner says, “Put your money in the bond market. A new bull market in bonds is developing… The people in the Fed are now in their 60’s or 70’s, and what they remember is inflation, inflation and inflation. I think they are on the wrong side. It’s very hard for them to turn around and say deflation, deflation and deflation as it is for most market people because they haven’t lived through deflation. In the last 500 years of investing, deflation is the norm. . . . I think deflation is the problem, and I see hawkish comments from the Fed, and I don’t think they are going to raise interest rates. . . .We …read more