Republican presidential front-runner Donald Trump sold a lot of his stocks and shares a year ago when he realized that he was in a financial bubble.
The Donald got out of the market before cheap money and currency wars inflated and destabilized the economy.
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Billionaire businessman come politician, Donald Trump talks on Fox News about the race for the White House, Syria, Pope Francis, Federal Reserve and the U.S. markets.
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RealClear Politics reports:
“I’m very proud –at first I thought I made a mistake, I sold my stocks, and the market went up, but now I’m way, way ahead,” he said. “Money was so readily available… Every company should have made a fortune… But I saw this coming, I’ve been talking about a bubble. We are now in a big fat ugly bubble.”
DONALD TRUMP: I’m very proud to say I never bought stocks, but a couple of years ago I bought a tremendous amount of stocks, and I sold them a year ago.
I’m very proud –at first I thought I made a mistake, I sold my stocks, and the market went up, but now I’m way, way ahead.
I’m a non-stop buyer… Money was so readily available… Every company should have made a fortune… But I saw this coming, I’ve been talking about a bubble. We are now in a big fat ugly bubble…
We’re controlled, our destiny, is largely controlled by what is happening in China because we are so wired into China. And it gives them a big advantage.
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