The uninvited Reserve Bank MPC member who, in effect, is sitting in on all interest rate setting planning committees in the world right now – including South Africa’s. And he’s running the show, because he’s just that powerful.
Drawn by Jerm for ETM Analytics‘ premium bi-weekly Investment Strategy Journal that was published yesterday.
Watch both and listen carefully to the commentaries of two very big names in the world of investing and asset management. In particular their comments on the insanity of continuing with QE at the current pace, who benefits the most from this (the wealthy such as them), and the inevitable major collapse this sets the market up for.
Watch this clip from 8 minutes in if you can.