I stumbled across this January 27, 2o14 video by Jerome Corsi titled: “Take Retirement Money out of Stock Investments ASAP!” In the video Corsi advises:
I’ve been warning for months that the stock market bubble we’re in is going to burst. … Right now, get out of any stock investment that you have in your retirement fund. … Sell your stock fund now. Listen to my advice.
His more nuanced complete narrative advises moving all ones funds from stocks to bonds and money market funds. He doesn’t say when the bubble will burst, only that it will. One of the valid points he makes is that one might make this move for “peace of mind.” Of course, Corsi is doing his best to disturb the peace in the video.
The Dow Jones Industrial Average closed at 15,837 on January 27, and today at 17,137, up 8.20%. Bonds didn’t do nearly as well. I suppose if one waits long enough, the stock market will eventually go down, but so far this is not the year for that.
Anybody can be wrong, but Corsi seemed so sure!
My favorite YouTube title is: “Interview with Jerome Corsi who really killed Kennedy.”
- Forward-looking statement – Wikipedia