Renowned financial and geopolitical analyst Charles Nenner correctly predicted there would be no market crash in 2016. 2017 is going to be a very different story.
Nenner explains, “There are going to be some serious corrections and some bounces. I don’t thing we are going anywhere until the fall of 2017 when the whole bottom is going to fall out. If you are a very good stock picker, you’ll be okay, but I am talking about the indices (overall financial markets). It continues to be dangerous, and most of the good news is already in this rally. The hope that Trump will do the right thing is still there, but it will take too long. People will realize it is not going to happen tomorrow, and they will get disappointed. So, I am still not very much into the stock market. I don’t think there is much to gain over there. I have been saying that for the next couple of years, try not to lose your money. That’s the major thing you should be doing.”
The most disturbing thing Nenner sees coming is a major world war on the scale of WWI and WWII.
Nenner explains, “In my research of financial markets, we also did research on war cycles. It’s about to flare up everywhere. If the stock market is close to a top, some stocks are just tanking and others still hold up. What you see here right now is some countries are just tanking, and the rest are still holding up, meaning we are forming a top. This means the cycle is coming into the danger zone. I still see a big problem with China and Japan. We also have problems with Chinese islands (in the South China Sea). If this continues, it’s going to come from there. If you go back a hundred years ago, a big war started (WWI). A hundred years before that it was Napoleon. Big wars always start in the second decade of a new era. . . . I still see there are problems with war everywhere . . . . Everything is on the edge, and it can ignite at any minute. If terrorists could, they would use much larger weapons, and if they do, everybody is going to have to wake up. Then you will have a major war on your hands.”
In closing, Nenner says, “I think it is a good idea to own some physical gold and silver.”