Historic Action In Stocks & Why $5,000 Gold Isn’t Crazy
January 14, 2014
On the heels continued volatility in global markets, today one of the top strategists in the world spoke with King World News about the historic action we are seeing in world markets. Cazenove Capital is the appointed stockbroker to Her Majesty The Queen, and their acclaimed strategist, Robin Griffiths, also discussed the gold market as well as what investors should be doing with their money right now. Below is what Griffiths had to say in this timely and powerful interview.
“Griffiths: “I think in terms of cycles and the normal cycle is roughly 4 years long. Since 1945 there has been the 4-year US presidential cycle. The way that works out on averages after a recession period is you tend to get 3 really good years in the stock market, and then the 4th year is a correction….