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Discover how the social moods impact the markets. Robert Prechter joins Andy to discuss the types of technical analysis you can use to leverage societal moods into productive trades. For a special offer only for The Cash Flow Academy Podcast listeners, visit www.elliottwave.com/Andy
Robert Prechter's Newsletter and Book: https://www.elliottwave.com/Doug In this episode, financial forecaster Robert Prechter joins Doug Casey to discuss the current state of the financial market, predicting a significant crash risk. Robert uses the Elliott Wave Principle to analyze market trends, noting that the market is historically overvalued and calls it "Our South Sea Bubble". He advises diversification into safe options. The conversation also covers potential political and societal changes, including the rise of third-party candidates and the influence of left ideologies in education. Prechter expresses concern about the future and emphasizes the importance of preparedness. If you like these podcasts, it's time to join our email list. It's quite possible that the censorship hammer will soon fall on us here. Join our email list to get Special reports and updates: https://dougcasey.substack.com/about Connect with us on Telegram: https://t.me/dougcasey Chapters: 00:00 Intro The overvaluation of the stock market [00:00:40] Robert Prechter discusses how the stock market was historically overvalued in 2021, with extreme multiples compared to previous years. Mania and extreme indicators in the market [00:02:38] Prechter highlights the ridiculous multiples and extreme investment behavior seen in 2021, including a multiple of 60 in bullish funds and 80 times more money in leveraged long funds compared to leveraged short funds. The correlation between social mood and market trends [00:11:24] Prechter explains his theory of waves of social mood driving market trends, where social mood peaks before the stock market and influences various aspects of society, such as fashion trends. The unrest in the Middle East after major stock tops [00:13:42] Discussion on the pattern of unrest breaking out in the Middle East 6 to 18 months after major stock tops. The Elliott wave model and predicting oil prices [00:14:56] Explanation of how the Elliott wave model is used to predict oil prices and the lack of correlation between supply and demand and oil prices. The risk of a deflationary episode and the impact of modern monetary theory [00:16:39] Discussion on the risk of a deflationary episode and the impact of modern monetary theory on the markets and the business cycle. The first decline and the financial crash [00:26:17] Robert Prechter discusses historical patterns of financial crashes and wars breaking out after the first decline in stock prices. The risk of World War Three and the timing of the next big drop [00:27:21] Prechter suggests that the risk of World War Three will be present during the decline, but it is more likely to break out after the second big drop. The over financialization of the world and the potential consequences [00:29:31] Prechter and the host discuss how the world has become more over financialized, with more people involved in the markets, and the potential risks and consequences of this. The rise of third party candidates [00:39:59] Discussion on the historical occurrence of third party candidates during bear market periods and recessions. The left's influence in education [00:42:17] Concerns about the left's control of the educational establishment and its potential impact on the future. Mass migration [00:43:40] Discussion on the risks associated with mass migration from third world countries
McAlvany Weekly Commentary Government Bailouts Are Like A Black Night Of Terror Own A “Substantial” Amount Of Gold & Silver Floating Rate Notes & Short T-Bills Work Well For Now Get Bob Prechter’s Book Last Chance To Conquer the Crash by clicking here – This is an exclusive offer for McAlvany Weekly Commentary listeners, plus watch Prechter’s latest presentation — […] The post Robert Prechter; How To Stay Safe In The Debt Implosion appeared first on McAlvany Weekly Commentary.
We've been observing and forecasting market behavior for over 40 years. As EWI founder Robert Prechter puts it, "Being around for a while can be useful." Now watch our Financial Forecast co-editor, Peter Kendall, put that deep market experience to use as he looks at the NASDAQ vs. DJIA going back to the dot.com bust era and beyond.
We've been observing and forecasting market behavior for over 40 years. As EWI founder Robert Prechter puts it, "Being around for a while can be useful." Now watch our Financial Forecast co-editor, Peter Kendall, put that deep market experience to use as he looks at the NASDAQ vs. DJIA going back to the dot.com bust era and beyond.
We've been observing and forecasting market behavior for over 40 years. As EWI founder Robert Prechter puts it, "Being around for a while can be useful." Now watch our Financial Forecast co-editor, Peter Kendall, put that deep market experience to use as he looks at the NASDAQ vs. DJIA going back to the dot.com bust era and beyond.
We've been observing and forecasting market behavior for over 40 years. As EWI founder Robert Prechter puts it, "Being around for a while can be useful." Now watch our Financial Forecast co-editor, Peter Kendall, put that deep market experience to use as he looks at the NASDAQ vs. DJIA going back to the dot.com bust era and beyond.
We've been observing and forecasting market behavior for over 40 years. As EWI founder Robert Prechter puts it, "Being around for a while can be useful." Now watch our Financial Forecast co-editor, Peter Kendall, put that deep market experience to use as he looks at the NASDAQ vs. DJIA going back to the dot.com bust era and beyond.
We've been observing and forecasting market behavior for over 40 years. As EWI founder Robert Prechter puts it, "Being around for a while can be useful." Now watch our Financial Forecast co-editor, Peter Kendall, put that deep market experience to use as he looks at the NASDAQ vs. DJIA going back to the dot.com bust era and beyond.
We've been observing and forecasting market behavior for over 40 years. As EWI founder Robert Prechter puts it, "Being around for a while can be useful." Now watch our Financial Forecast co-editor, Peter Kendall, put that deep market experience to use as he looks at the NASDAQ vs. DJIA going back to the dot.com bust era and beyond.
We've been observing and forecasting market behavior for over 40 years. As EWI founder Robert Prechter puts it, "Being around for a while can be useful." Now watch our Financial Forecast co-editor, Peter Kendall, put that deep market experience to use as he looks at the NASDAQ vs. DJIA going back to the dot.com bust era and beyond.
We've been observing and forecasting market behavior for over 40 years. As EWI founder Robert Prechter puts it, "Being around for a while can be useful." Now watch our Financial Forecast co-editor, Peter Kendall, put that deep market experience to use as he looks at the NASDAQ vs. DJIA going back to the dot.com bust era and beyond.
We've been observing and forecasting market behavior for over 40 years. As EWI founder Robert Prechter puts it, "Being around for a while can be useful." Now watch our Financial Forecast co-editor, Peter Kendall, put that deep market experience to use as he looks at the NASDAQ vs. DJIA going back to the dot.com bust era and beyond.
We've been observing and forecasting market behavior for over 40 years. As EWI founder Robert Prechter puts it, "Being around for a while can be useful." Now watch our Financial Forecast co-editor, Peter Kendall, put that deep market experience to use as he looks at the NASDAQ vs. DJIA going back to the dot.com bust era and beyond.
We've been observing and forecasting market behavior for over 40 years. As EWI founder Robert Prechter puts it, "Being around for a while can be useful." Now watch our Financial Forecast co-editor, Peter Kendall, put that deep market experience to use as he looks at the NASDAQ vs. DJIA going back to the dot.com bust era and beyond.
We've been observing and forecasting market behavior for over 40 years. As EWI founder Robert Prechter puts it, "Being around for a while can be useful." Now watch our Financial Forecast co-editor, Peter Kendall, put that deep market experience to use as he looks at the NASDAQ vs. DJIA going back to the dot.com bust era and beyond.
We've been observing and forecasting market behavior for over 40 years. As EWI founder Robert Prechter puts it, "Being around for a while can be useful." Now watch our Financial Forecast co-editor, Peter Kendall, put that deep market experience to use as he looks at the NASDAQ vs. DJIA going back to the dot.com bust era and beyond.
We've been observing and forecasting market behavior for over 40 years. As EWI founder Robert Prechter puts it, "Being around for a while can be useful." Now watch our Financial Forecast co-editor, Peter Kendall, put that deep market experience to use as he looks at the NASDAQ vs. DJIA going back to the dot.com bust era and beyond.
We've been observing and forecasting market behavior for over 40 years. As EWI founder Robert Prechter puts it, "Being around for a while can be useful." Now watch our Financial Forecast co-editor, Peter Kendall, put that deep market experience to use as he looks at the NASDAQ vs. DJIA going back to the dot.com bust era and beyond.
We've been observing and forecasting market behavior for over 40 years. As EWI founder Robert Prechter puts it, "Being around for a while can be useful." Now watch our Financial Forecast co-editor, Peter Kendall, put that deep market experience to use as he looks at the NASDAQ vs. DJIA going back to the dot.com bust era and beyond.
We've been observing and forecasting market behavior for over 40 years. As EWI founder Robert Prechter puts it, "Being around for a while can be useful." Now watch our Financial Forecast co-editor, Peter Kendall, put that deep market experience to use as he looks at the NASDAQ vs. DJIA going back to the dot.com bust era and beyond.
We've been observing and forecasting market behavior for over 40 years. As EWI founder Robert Prechter puts it, "Being around for a while can be useful." Now watch our Financial Forecast co-editor, Peter Kendall, put that deep market experience to use as he looks at the NASDAQ vs. DJIA going back to the dot.com bust era and beyond.
We've been observing and forecasting market behavior for over 40 years. As EWI founder Robert Prechter puts it, "Being around for a while can be useful." Now watch our Financial Forecast co-editor, Peter Kendall, put that deep market experience to use as he looks at the NASDAQ vs. DJIA going back to the dot.com bust era and beyond.
We've been observing and forecasting market behavior for over 40 years. As EWI founder Robert Prechter puts it, "Being around for a while can be useful." Now watch our Financial Forecast co-editor, Peter Kendall, put that deep market experience to use as he looks at the NASDAQ vs. DJIA going back to the dot.com bust era and beyond.
We've been observing and forecasting market behavior for over 40 years. As EWI founder Robert Prechter puts it, "Being around for a while can be useful." Now watch our Financial Forecast co-editor, Peter Kendall, put that deep market experience to use as he looks at the NASDAQ vs. DJIA going back to the dot.com bust era and beyond.
We've been observing and forecasting market behavior for over 40 years. As EWI founder Robert Prechter puts it, "Being around for a while can be useful." Now watch our Financial Forecast co-editor, Peter Kendall, put that deep market experience to use as he looks at the NASDAQ vs. DJIA going back to the dot.com bust era and beyond.
We've been observing and forecasting market behavior for over 40 years. As EWI founder Robert Prechter puts it, "Being around for a while can be useful." Now watch our Financial Forecast co-editor, Peter Kendall, put that deep market experience to use as he looks at the NASDAQ vs. DJIA going back to the dot.com bust era and beyond.
We've been observing and forecasting market behavior for over 40 years. As EWI founder Robert Prechter puts it, "Being around for a while can be useful." Now watch our Financial Forecast co-editor, Peter Kendall, put that deep market experience to use as he looks at the NASDAQ vs. DJIA going back to the dot.com bust era and beyond.
We've been observing and forecasting market behavior for over 40 years. As EWI founder Robert Prechter puts it, "Being around for a while can be useful." Now watch our Financial Forecast co-editor, Peter Kendall, put that deep market experience to use as he looks at the NASDAQ vs. DJIA going back to the dot.com bust era and beyond.
We've been observing and forecasting market behavior for over 40 years. As EWI founder Robert Prechter puts it, "Being around for a while can be useful." Now watch our Financial Forecast co-editor, Peter Kendall, put that deep market experience to use as he looks at the NASDAQ vs. DJIA going back to the dot.com bust era and beyond.
We've been observing and forecasting market behavior for over 40 years. As EWI founder Robert Prechter puts it, "Being around for a while can be useful." Now watch our Financial Forecast co-editor, Peter Kendall, put that deep market experience to use as he looks at the NASDAQ vs. DJIA going back to the dot.com bust era and beyond.
We've been observing and forecasting market behavior for over 40 years. As EWI founder Robert Prechter puts it, "Being around for a while can be useful." Now watch our Financial Forecast co-editor, Peter Kendall, put that deep market experience to use as he looks at the NASDAQ vs. DJIA going back to the dot.com bust era and beyond.
Robert Prechter's socionomic research shows that the government usually cracks down on successful companies at certain junctures in the stock market. Watch Asian Financial Forecast editor Mark Galasiewski explain how this knowledge translates into a potential setup in the Chinese technology sector right now.
Robert Prechter's socionomic research shows that the government usually cracks down on successful companies at certain junctures in the stock market. Watch Asian Financial Forecast editor Mark Galasiewski explain how this knowledge translates into a potential setup in the Chinese technology sector right now.
Robert Prechter's socionomic research shows that the government usually cracks down on successful companies at certain junctures in the stock market. Watch Asian Financial Forecast editor Mark Galasiewski explain how this knowledge translates into a potential setup in the Chinese technology sector right now.
Robert Prechter's socionomic research shows that the government usually cracks down on successful companies at certain junctures in the stock market. Watch Asian Financial Forecast editor Mark Galasiewski explain how this knowledge translates into a potential setup in the Chinese technology sector right now.
Robert Prechter's socionomic research shows that the government usually cracks down on successful companies at certain junctures in the stock market. Watch Asian Financial Forecast editor Mark Galasiewski explain how this knowledge translates into a potential setup in the Chinese technology sector right now.
Robert Prechter's socionomic research shows that the government usually cracks down on successful companies at certain junctures in the stock market. Watch Asian Financial Forecast editor Mark Galasiewski explain how this knowledge translates into a potential setup in the Chinese technology sector right now.
Robert Prechter's socionomic research shows that the government usually cracks down on successful companies at certain junctures in the stock market. Watch Asian Financial Forecast editor Mark Galasiewski explain how this knowledge translates into a potential setup in the Chinese technology sector right now.
Robert Prechter's socionomic research shows that the government usually cracks down on successful companies at certain junctures in the stock market. Watch Asian Financial Forecast editor Mark Galasiewski explain how this knowledge translates into a potential setup in the Chinese technology sector right now.
Robert Prechter's socionomic research shows that the government usually cracks down on successful companies at certain junctures in the stock market. Watch Asian Financial Forecast editor Mark Galasiewski explain how this knowledge translates into a potential setup in the Chinese technology sector right now.
Robert Prechter's socionomic research shows that the government usually cracks down on successful companies at certain junctures in the stock market. Watch Asian Financial Forecast editor Mark Galasiewski explain how this knowledge translates into a potential setup in the Chinese technology sector right now.
Robert Prechter's socionomic research shows that the government usually cracks down on successful companies at certain junctures in the stock market. Watch Asian Financial Forecast editor Mark Galasiewski explain how this knowledge translates into a potential setup in the Chinese technology sector right now.
Robert Prechter's socionomic research shows that the government usually cracks down on successful companies at certain junctures in the stock market. Watch Asian Financial Forecast editor Mark Galasiewski explain how this knowledge translates into a potential setup in the Chinese technology sector right now.
Robert Prechter's socionomic research shows that the government usually cracks down on successful companies at certain junctures in the stock market. Watch Asian Financial Forecast editor Mark Galasiewski explain how this knowledge translates into a potential setup in the Chinese technology sector right now.
Robert Prechter's socionomic research shows that the government usually cracks down on successful companies at certain junctures in the stock market. Watch Asian Financial Forecast editor Mark Galasiewski explain how this knowledge translates into a potential setup in the Chinese technology sector right now.
Robert Prechter's socionomic research shows that the government usually cracks down on successful companies at certain junctures in the stock market. Watch Asian Financial Forecast editor Mark Galasiewski explain how this knowledge translates into a potential setup in the Chinese technology sector right now.
Robert Prechter's socionomic research shows that the government usually cracks down on successful companies at certain junctures in the stock market. Watch Asian Financial Forecast editor Mark Galasiewski explain how this knowledge translates into a potential setup in the Chinese technology sector right now.
Robert Prechter's socionomic research shows that the government usually cracks down on successful companies at certain junctures in the stock market. Watch Asian Financial Forecast editor Mark Galasiewski explain how this knowledge translates into a potential setup in the Chinese technology sector right now.
Robert Prechter's socionomic research shows that the government usually cracks down on successful companies at certain junctures in the stock market. Watch Asian Financial Forecast editor Mark Galasiewski explain how this knowledge translates into a potential setup in the Chinese technology sector right now.
Robert Prechter's socionomic research shows that the government usually cracks down on successful companies at certain junctures in the stock market. Watch Asian Financial Forecast editor Mark Galasiewski explain how this knowledge translates into a potential setup in the Chinese technology sector right now.
Robert Prechter's socionomic research shows that the government usually cracks down on successful companies at certain junctures in the stock market. Watch Asian Financial Forecast editor Mark Galasiewski explain how this knowledge translates into a potential setup in the Chinese technology sector right now.
Robert Prechter's socionomic research shows that the government usually cracks down on successful companies at certain junctures in the stock market. Watch Asian Financial Forecast editor Mark Galasiewski explain how this knowledge translates into a potential setup in the Chinese technology sector right now.
Robert Prechter's socionomic research shows that the government usually cracks down on successful companies at certain junctures in the stock market. Watch Asian Financial Forecast editor Mark Galasiewski explain how this knowledge translates into a potential setup in the Chinese technology sector right now.
Robert Prechter's socionomic research shows that the government usually cracks down on successful companies at certain junctures in the stock market. Watch Asian Financial Forecast editor Mark Galasiewski explain how this knowledge translates into a potential setup in the Chinese technology sector right now.
Robert Prechter's socionomic research shows that the government usually cracks down on successful companies at certain junctures in the stock market. Watch Asian Financial Forecast editor Mark Galasiewski explain how this knowledge translates into a potential setup in the Chinese technology sector right now.
Robert Prechter's socionomic research shows that the government usually cracks down on successful companies at certain junctures in the stock market. Watch Asian Financial Forecast editor Mark Galasiewski explain how this knowledge translates into a potential setup in the Chinese technology sector right now.
Robert Prechter's socionomic research shows that the government usually cracks down on successful companies at certain junctures in the stock market. Watch Asian Financial Forecast editor Mark Galasiewski explain how this knowledge translates into a potential setup in the Chinese technology sector right now.
Robert Prechter's socionomic research shows that the government usually cracks down on successful companies at certain junctures in the stock market. Watch Asian Financial Forecast editor Mark Galasiewski explain how this knowledge translates into a potential setup in the Chinese technology sector right now.
Robert Prechter's socionomic research shows that the government usually cracks down on successful companies at certain junctures in the stock market. Watch Asian Financial Forecast editor Mark Galasiewski explain how this knowledge translates into a potential setup in the Chinese technology sector right now.
Robert Prechter's socionomic research shows that the government usually cracks down on successful companies at certain junctures in the stock market. Watch Asian Financial Forecast editor Mark Galasiewski explain how this knowledge translates into a potential setup in the Chinese technology sector right now.
Back in the 90s, when we were in our 20s, all my university buddies and I wanted to do was travel. We wanted to go everywhere and see the world. The problem was how to pay for it.My solution was to work all year, save up, then, having spent Christmas with my folks, get a flight somewhere on Boxing Day or the day after (flights were always cheap then) and come back at the end of January. The business I was in at the time – voiceovers – never really got going until mid January, so I would end up with almost six weeks of backpacking and only miss a couple of weeks of work, if that.My best buddy, who is now a big cheese at Channel 4 so I won't mention his name, went several stages further. He got a job compiling guide books for many years. As a result, he has been to more places than anyone I've ever met – across Asia, Africa, Europe, the Americas, you name it. And, of all of them, he says he reckons New Orleans was the best.So, imagine my delight when I got an invitation to come and speak at the New Orleans Investment Conference this year. Do I want to come? You betcha!The conference took place last week and I thought it might be of some use or interest to you if I shared some of my observations.Will the Fed keep raising interest rates?First up, I had a great time. The conference, organised by Brian Lundin of the Gold Newsletter and his supremely competent team, lasted four days. There were workshops and events galore, plus a host of great speakers – from celebrated resource investors such as Rick Rule, Brent Cook and Sean Broderick to macro strategists such as Danielle DiMartino Booth, Peter Boockvar, James Grant and Jim Iuorio to the unorthodox with the likes of Jim Rickards, George Gammon, Dave Collum and Robert Prechter. Over 600 people came and there were 100 exhibitors. I would say the bulk of the attendees were American, over 50 and male. There were a lot of gold bugs in the room. I felt well at home. Plus there was plenty of fun to be had in this most musical of cities by night – and great food too.I would say the overriding theme of the conference – the subject that would not go away – was the Federal Reserve Bank. How long does it continue to raise rates for? When does it pivot? At what point do debt levels become unsustainable? The US has interest to pay on $31trn of debt – that surely caps how much further it can raise interest rates? But then it has made it clear that fighting inflation is its number one priority. Round and round the subject went. Some argued that it pivots, others that it keeps on raising.There was also plenty of talk about falling real estate prices; commodities – especially base and battery metals, not to mention energy; the strong dollar and the Ukraine war. I found myself on a panel with George Gammon and Jim Rickards about the threat of imminent nuclear war that got very tin-foil hat. When I suggested that, to everyone's surprise, Russia was losing the war in Ukraine, Rickards declared that I had fallen for the propaganda and had become a mouthpiece for the globalist agenda and the New World Order. Each to their own, I guess.Opportunities for investors in the UKAnother theme that cropped up a couple of times was investing in the UK and the opportunities there – or here, I should say. The yields on real estate investment trusts (Reits) are incredible, said Peter Boockvar, and, unlike New York where a lot of commercial property is sitting vacant, while many continue to work from home, in the UK it's mostly being used again. Perhaps most importantly, UK property is looking very cheap to our transatlantic friends thanks to the strong dollar. I warned about the potential for rising rates here in the UK and the damage it could potentially do to real estate, whether commercial or residential, but Boockvar still felt the UK is looking like an attractive proposition at the moment. We have a tendency to denigrate ourselves here in the UK, which is why it's so good to go abroad and meet people who see the UK in a much more favourable light.A lot of North American money is going to make its way to Europe and the UK, not to mention Japan, in the not too distant future, I would venture.I focused my talk on subjects that I have been covering quite extensively on these pages in recent weeks – energy; gold and its relevance (or lack thereof) in today's world and China's monumental gold holdings; and the strong dollar superseding all.There were plenty of mining companies there too exhibiting their wares. I think my favourite was probably a silver mining company by the name of Sierra Madre Gold and Silver (TSX-V.SM), which has a dynamic young management, good broker backing, some promising exploration properties and has just acquired a silver mine from First Majestic Silver (Toronto: FR, NYSE: AG) that it is now putting back into production. Pending the closing of this transaction, the stock is currently halted, which is what all silver companies should be – it removes the temptation to buy them!The Flying Frisby is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.If you're in London on November 24, wearing my comedy hat, I'll be doing a gig with the Gilets Jaunes at Crazy Coqs (underneath Brasserie Zedel), which is one of the best venues in the West End for musical comedy. It's going to be a great night. Please come on down.This article first appeared at Moneyweek. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe
Back in the 90s, when we were in our 20s, all my university buddies and I wanted to do was travel. We wanted to go everywhere and see the world. The problem was how to pay for it.My solution was to work all year, save up, then, having spent Christmas with my folks, get a flight somewhere on Boxing Day or the day after (flights were always cheap then) and come back at the end of January. The business I was in at the time – voiceovers – never really got going until mid January, so I would end up with almost six weeks of backpacking and only miss a couple of weeks of work, if that.My best buddy, who is now a big cheese at Channel 4 so I won't mention his name, went several stages further. He got a job compiling guide books for many years. As a result, he has been to more places than anyone I've ever met – across Asia, Africa, Europe, the Americas, you name it. And, of all of them, he says he reckons New Orleans was the best.So, imagine my delight when I got an invitation to come and speak at the New Orleans Investment Conference this year. Do I want to come? You betcha!The conference took place last week and I thought it might be of some use or interest to you if I shared some of my observations.Will the Fed keep raising interest rates?First up, I had a great time. The conference, organised by Brian Lundin of the Gold Newsletter and his supremely competent team, lasted four days. There were workshops and events galore, plus a host of great speakers – from celebrated resource investors such as Rick Rule, Brent Cook and Sean Broderick to macro strategists such as Danielle DiMartino Booth, Peter Boockvar, James Grant and Jim Iuorio to the unorthodox with the likes of Jim Rickards, George Gammon, Dave Collum and Robert Prechter. Over 600 people came and there were 100 exhibitors. I would say the bulk of the attendees were American, over 50 and male. There were a lot of gold bugs in the room. I felt well at home. Plus there was plenty of fun to be had in this most musical of cities by night – and great food too.I would say the overriding theme of the conference – the subject that would not go away – was the Federal Reserve Bank. How long does it continue to raise rates for? When does it pivot? At what point do debt levels become unsustainable? The US has interest to pay on $31trn of debt – that surely caps how much further it can raise interest rates? But then it has made it clear that fighting inflation is its number one priority. Round and round the subject went. Some argued that it pivots, others that it keeps on raising.There was also plenty of talk about falling real estate prices; commodities – especially base and battery metals, not to mention energy; the strong dollar and the Ukraine war. I found myself on a panel with George Gammon and Jim Rickards about the threat of imminent nuclear war that got very tin-foil hat. When I suggested that, to everyone's surprise, Russia was losing the war in Ukraine, Rickards declared that I had fallen for the propaganda and had become a mouthpiece for the globalist agenda and the New World Order. Each to their own, I guess.Opportunities for investors in the UKAnother theme that cropped up a couple of times was investing in the UK and the opportunities there – or here, I should say. The yields on real estate investment trusts (Reits) are incredible, said Peter Boockvar, and, unlike New York where a lot of commercial property is sitting vacant, while many continue to work from home, in the UK it's mostly being used again. Perhaps most importantly, UK property is looking very cheap to our transatlantic friends thanks to the strong dollar. I warned about the potential for rising rates here in the UK and the damage it could potentially do to real estate, whether commercial or residential, but Boockvar still felt the UK is looking like an attractive proposition at the moment. We have a tendency to denigrate ourselves here in the UK, which is why it's so good to go abroad and meet people who see the UK in a much more favourable light.A lot of North American money is going to make its way to Europe and the UK, not to mention Japan, in the not too distant future, I would venture.I focused my talk on subjects that I have been covering quite extensively on these pages in recent weeks – energy; gold and its relevance (or lack thereof) in today's world and China's monumental gold holdings; and the strong dollar superseding all.There were plenty of mining companies there too exhibiting their wares. I think my favourite was probably a silver mining company by the name of Sierra Madre Gold and Silver (TSX-V.SM), which has a dynamic young management, good broker backing, some promising exploration properties and has just acquired a silver mine from First Majestic Silver (Toronto: FR, NYSE: AG) that it is now putting back into production. Pending the closing of this transaction, the stock is currently halted, which is what all silver companies should be – it removes the temptation to buy them!The Flying Frisby is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.If you're in London on November 24, wearing my comedy hat, I'll be doing a gig with the Gilets Jaunes at Crazy Coqs (underneath Brasserie Zedel), which is one of the best venues in the West End for musical comedy. It's going to be a great night. Please come on down.This article first appeared at Moneyweek. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit frisby.substack.com/subscribe
It's another big day for Q&A. Here's the lineup:How can we suggest Avantis funds when they are shown as active funds?The best way to backdoor into a Roth IRA?What should be done with $17K at Ed Jones?How to I Savings Bonds accrue interest?With lots of real estate is a trust needed?If you use a Roth do you lose the power of compounding?How are ETFs more tax-efficient?Finally, we look back a the ultimate doom and gloom of Robert Prechter and his Elliot Wave "Theory."
Steven welcomes Robert Prechter to the series to discuss his more than two decades of research into Elizabethan and Jacobean literature to determine how many works were written by the Earl of Oxford, but published under a different name. Prechter's work has culminated in a 24 volume set of online books available through oxfordsvoices.com. Support the show by picking up official Don't Quill the Messenger merchandise at www.dontquillthepodcast.com Presented by the Shakespeare Oxford Fellowship. Learn more at www.shakespeareoxfordfellowship.org Don't Quill the Messenger is a part of the Dragon Wagon Radio independent podcast network. For more great podcasts visit www.dragonwagonradio.com
Today, Jason Hartman discusses the Phillips curve and its relevance to our current economic situation. While we are all challenged in ways to adapt to our shelter-in-place advising, several benefits are being popularized out of necessity. Telemedicine, or telehealth, is growing rapidly, and not just for humans. Veterinary practices are using telemedicine for your pet's health as well. Steve Hochberg returns to elaborate on the Elliott Wave. How do we know when we have too much debt, the U.S., or the individual? Key Takeaways: [1:00] Is Kim Jong-Un alive? [5:30] Telemedicine, we're finally there [8:00] The Phillips curve [14:00] Monetary policy comes from central banks, and fiscal policy comes from the government Guest: Steve Hochberg [22:00] Everything the Fed has said they're going to do has been backed by the Treasury. The treasury has pledged to cover any losses that the Fed is going to incur through their lending programs, and this can't go on forever [24:00] How do we know when we have too much debt? [28:30] “I think there's a huge bull market starting right now, and it's the bull-market in cash” -Hochberg Websites: www.elliottwave.com Jason Hartman University Membership 1-800-HARTMAN www.JasonHartman.com Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) Jason Hartman's Blogcast
Jason Hartman shares sound advice on the top four reasons that a company fails. Steve Hochberg joins Jason to break down the methods of the Elliott Wave Principle. Listen to how the Elliott Wave Principle used collective investor psychology to predict 2020 stock market trends, without the influence of Coronavirus, as early as late 2019. Will we continue to see the stability of linear markets vs the volatility of cyclical markets, post-pandemic? Do recessions cause cautious businessmen or do cautious businessmen cause recessions? Key Takeaways: [2:30] From a discussion: the four primary reasons a company fails [4:00] Number one, FEAR - Faults, education, appearing, real [5:15] Number two, mindset [9:00] Number three, lack of connections [11:30] Number four, Lacking systems and process [15:20] What is going on in the financial world? [17:00] Unfolding the Elliott Wave Principle [18:20] “Late 2019, the U.S. economy had some very strong economic numbers, the social mood was very elevated, but there were some underlying problems going on” [19:20] The yield curve: the three month U.S. Treasury bill yield minus the ten year U.S. Treasury note, had inverted, which was a key indicator in the last months of 2019. [23:00] Cyclical vs linear markets, post-pandemic [28:00] Do recessions cause cautious businessmen or do cautious businessmen cause recessions? [30:00] An Elliot Wave is a hierarchical fractal, it has self-similar patterns at all degrees of the scale [30:45] Why do you prefer the DOW over the S&P? Websites: www.elliottwave.com Jason Hartman University Membership 1-800-HARTMAN www.JasonHartman.com Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) Jason Hartman’s Blogcast
Jason Hartman shares sound advice on the top four reasons that a company fails. Steve Hochberg joins Jason to break down the methods of the Elliott Wave Principle. Listen to how the Elliott Wave Principle used collective investor psychology to predict 2020 stock market trends, without the influence of Coronavirus, as early as late 2019. Will we continue to see the stability of linear markets vs the volatility of cyclical markets, post-pandemic? Do recessions cause cautious businessmen or do cautious businessmen cause recessions? Key Takeaways: [2:30] From a discussion: the four primary reasons a company fails [4:00] Number one, FEAR - Faults, education, appearing, real [5:15] Number two, mindset [9:00] Number three, lack of connections [11:30] Number four, Lacking systems and process [15:20] What is going on in the financial world? [17:00] Unfolding the Elliott Wave Principle [18:20] “Late 2019, the U.S. economy had some very strong economic numbers, the social mood was very elevated, but there were some underlying problems going on” [19:20] The yield curve: the three month U.S. Treasury bill yield minus the ten year U.S. Treasury note, had inverted, which was a key indicator in the last months of 2019. [23:00] Cyclical vs linear markets, post-pandemic [28:00] Do recessions cause cautious businessmen or do cautious businessmen cause recessions? [30:00] An Elliot Wave is a hierarchical fractal, it has self-similar patterns at all degrees of the scale [30:45] Why do you prefer the DOW over the S&P? Websites: www.elliottwave.com Jason Hartman University Membership 1-800-HARTMAN www.JasonHartman.com Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) Jason Hartman's Blogcast
Jason Hartman shares sound advice on the top four reasons that a company fails. Steve Hochberg joins Jason to break down the methods of the Elliott Wave Principle. Listen to how the Elliott Wave Principle used collective investor psychology to predict 2020 stock market trends, without the influence of Coronavirus, as early as late 2019. Will we continue to see the stability of linear markets vs the volatility of cyclical markets, post-pandemic? Do recessions cause cautious businessmen or do cautious businessmen cause recessions? Key Takeaways: [2:30] From a discussion: the four primary reasons a company fails [4:00] Number one, FEAR - Faults, education, appearing, real [5:15] Number two, mindset [9:00] Number three, lack of connections [11:30] Number four, Lacking systems and process [15:20] What is going on in the financial world? [17:00] Unfolding the Elliott Wave Principle [18:20] “Late 2019, the U.S. economy had some very strong economic numbers, the social mood was very elevated, but there were some underlying problems going on” [19:20] The yield curve: the three month U.S. Treasury bill yield minus the ten year U.S. Treasury note, had inverted, which was a key indicator in the last months of 2019. [23:00] Cyclical vs linear markets, post-pandemic [28:00] Do recessions cause cautious businessmen or do cautious businessmen cause recessions? [30:00] An Elliot Wave is a hierarchical fractal, it has self-similar patterns at all degrees of the scale [30:45] Why do you prefer the DOW over the S&P? Websites: www.elliottwave.com Jason Hartman University Membership 1-800-HARTMAN www.JasonHartman.com Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) Jason Hartman’s Blogcast
Hello, Elliott wavers, and welcome to the final episode of EWI Insight. When we launched the podcast on January 21, the Dow was trading above 29,000. Yesterday it closed below 20,000. Oil fell to an 18-year low. Gold, silver and the cryptos have gotten shellacked. It has been quite a ride, and it's been a privilege to take that ride with you. Now, we don't want to leave you hanging. We know in these times, you are going to want an expert in your corner to help you navigate the turbulence in the markets. And the best way I know to do that is to subscribe to the Elliott Wave Financial Forecast Service. Robert Prechter, Steven Hochberg and Peter Kendall are going to do their best to keep you updated on risks and opportunities in the markets, and give you a shot to see around the corner so that you know what's likely to come next. If you want to learn more about that service, you can click the link in the show notes or visit elliottwave.com/insight. https://bit.ly/3baqM1w
A lot of people think gold, silver and, more recently, cryptocurrency are so-called "crisis hedges," assets you can own that supposedly will do well if there were to be an economic or financial crisis. Well, stocks, gold, silver and the cryptos have gotten shellacked recently. So, what's going on? Robert Prechter observes that at some periods in history gold has been money. But when it isn't, then the claim that gold is a crisis hedge fails. Which brings us to the real crisis hedge during deflation: cash. The Financial Forecast Service alerted readers to the moves down in stocks and precious metals before they happened. See our latest forecasts when you subscribe. Click the link in the show notes or visit elliottwave.com/insight for details. https://bit.ly/2WoyG38
In this episode, Don and Tom talk about the horrible track record of market prognosticator, Robert Prechter and the Elliott Wave Theory. Later they discuss what to look out for when dealing with insurance companies and the new SECURE Act effect on retirement planning. They also field questions on selling property and the usefulness of IRA's.The Elliott Wave Theory and its prediction of the coming 'winter'.The new year and new laws that impact retirees; the SECURE Act.Contracts with insurance companies and why to always stay wary.Rethinking resolutions into longer term plans according to your needs.Collecting annuity funds and delays in processing your money.Selling property, working out the equation of gains and taxes and 1035 Exchanges.Why a Simple IRA is a smart bet for small businesses.Information on how to attend the upcoming Retiremeet event!Talking Real Money Twitter — https://twitter.com/talkrealmoneyFinancial Fysics on Amazon – https://www.amazon.com/Financial-Fysics-Money-Investing-Really/dp/1453898557Vestory — https://vestory.com/Retiremeet 2020 — http://www.retiremeet.com/#eventinfoPaul Merriman — https://paulmerriman.com/Apollo Lupescu — https://www.bernhardtwealth.com/blog/advice-dimensional-s-apollo-lupescu-phdCNBC — https://www.cnbc.com/Robert Prechter — https://www.robertprechter.com/Elliott Wave Theory — https://www.marketwatch.com/story/legendary-technical-investor-robert-prechter-is-awaiting-a-depression-type-shock-in-the-us-2017-04-21AIG — https://www.aig.com/Executive Life — https://www.businessinsider.com.au/executive-life
Two Camps: Inflation vs Deflation I did the first live stream a couple of weeks ago; that was on bitcoin. I got a lot of feedback on that one and a lot of people were coming up with potential topics for the next one. I think the most common request was for inflation or deflation: which one is it going to be? Because there are a lot of people out there who see the world similar to the way I do, as far as the problems that are confronting the U.S. economy in particular but the global economy, but everybody seems to fall into two camps as to how it is all going to go down; whether it is deflation that is coming - we should prepare for that, or whether it is inflation that's coming and you should prepare for that. Now I am an inflationist. I am in that camp. Other people in that camp may be, like Jim Rickards or Jimmy Rogers or Marc Faber - there are a number of people who would be in the inflation camp. Deflation would be guys like Robert Prechter, Harry Dent, there are a number of guys that are looking for deflation. Defining Terms Now before I really get into it, I want to talk a little bit about the terms, so we know what we're talking about. Let's define the terms. What is inflation? What is deflation? The actual definition of inflation, the actual meaning of the word, is an expansion of the money supply. What does "Inflate" Really Mean? That's what inflation is; it's not about prices. If you think of the word, "inflate" - what does inflate mean? It means to expand. You inflate a balloon; when you inflate a balloon, it expands. Prices don't expand - they go up, they go down; they don't expand. What expands? Money supply. When the government creates money, the money supply expands, like a balloon. It blows up. So that's what inflation is, it is an expansion of the money supply. What is Deflation? Deflation is the opposite; it is a contraction of the money supply. Now when you inflate the money supply-you create more money - you have more money bidding up prices. So inflation will result in prices going up. But prices going up is not the inflation they are the consequence of inflation.
Two Camps: Inflation vs Deflation I did the first live stream a couple of weeks ago; that was on bitcoin. I got a lot of feedback on that one and a lot of people were coming up with potential topics for the next one. I think the most common request was for inflation or deflation: which one is it going to be? Because there are a lot of people out there who see the world similar to the way I do, as far as the problems that are confronting the U.S. economy in particular but the global economy, but everybody seems to fall into two camps as to how it is all going to go down; whether it is deflation that is coming - we should prepare for that, or whether it is inflation that's coming and you should prepare for that. Now I am an inflationist. I am in that camp. Other people in that camp may be, like Jim Rickards or Jimmy Rogers or Marc Faber - there are a number of people who would be in the inflation camp. Deflation would be guys like Robert Prechter, Harry Dent, there are a number of guys that are looking for deflation. Defining Terms Now before I really get into it, I want to talk a little bit about the terms, so we know what we're talking about. Let's define the terms. What is inflation? What is deflation? The actual definition of inflation, the actual meaning of the word, is an expansion of the money supply. What does "Inflate" Really Mean? That's what inflation is; it's not about prices. If you think of the word, "inflate" - what does inflate mean? It means to expand. You inflate a balloon; when you inflate a balloon, it expands. Prices don't expand - they go up, they go down; they don't expand. What expands? Money supply. When the government creates money, the money supply expands, like a balloon. It blows up. So that's what inflation is, it is an expansion of the money supply. What is Deflation? Deflation is the opposite; it is a contraction of the money supply. Now when you inflate the money supply-you create more money - you have more money bidding up prices. So inflation will result in prices going up. But prices going up is not the inflation they are the consequence of inflation.
The Socionomic Theory of Finance presents the years-long work of Robert Prechter. Yet the book also includes 21 essays on socionomics from 12 other scholars, writers, researchers and analysts. That's exactly how a far-reaching new theory of finance should develop.
Rock Thomas has influenced organizations and individuals world-wide. His credentials include a lifetime of entrepreneurial and personal successes from Real-Estate mogul, radio personality to author and Peak Performance Trainer! Rock is the successful book author of “The Power of Your Identity” and the sought after seminar programs: Inside the Millionaire Mindset & The Six Keys to Success Noa Ronen Leadership & Transition Coach. Your out of the Box Coach.The As an “Interculturalist”, who lives and believes that it is important to create bridges between people, she lives into this work with individuals, global leaders, executives and teams - anyone experiencing communication challenges Michele Brown president of IntuAction Coaching LLC., a talent management consulting firm focused on developing extraordinary leaders and workplace environments Alan Hall senior analyst for The Socionomist and author of numerous seminal socionomic studies, began studying Elliott wave analysis and socionomics after meeting Robert Prechter. His knowledge of socionomics made it easy for him to recognize the escalating housing mania For more information go to MoneyForLunch.com. Connect with Bert Martinez on Facebook. Connect with Bert Martinez on Twitter. Need help with your business? Contact Bert Martinez. Have Bert Martinez speak at your event!
Dr. Mark Thornton, an Austrian economist with the Mises Institute, visits for the first time. John Williams and Daniel McAdams return. Williams has issued his latest annual warning of hyperinflation. He thinks that starting this year, the money printing virus inflicted on us by policy makers will manifest itself through an inflation problem much worse than that of the 1970s. From his Austrian economic perspective, how does Dr. Thornton think the massive printing press virus will be resolved? With our money being debt based since 1971, could deflation thinkers like Robert Prechter be right in predicting a sub 1000 Dow, consumer price deflation and a “strong” dollar? Daniel McAdams will join us to talk about the latest war mongering Neocon efforts to parasitically enrich themselves through the ravages of war financed, of course, by money printing. Time permitting, your host will share his views on the markets and discuss how his newsletter model portfolio is performing thus far in 2014.
Ellen Hodgson Brown and Dmitry Orlov will discuss the continuing collapse of western society thanks to the parasitic behavior of our banking establishment. With outright confiscation of depositor money in Cyprus, parasitic elite is no longer robbing us in the night through the hidden tax of inflation but now robs people through outright confiscation of deposits. How long yet before Robert Prechter's next dark age arrives? Orlov will give us an idea of which of the five Stages of Collapse the U.S. is now in, as he compares our demise to that of the former Soviet Union's collapse. In an attempt to survive, we look to honest money--gold bullion and gold shares. So, on an upbeat note, we have Jean Martineau, of Dynacor Gold Mines visiting to talk about his company's dramatic earnings growth from gold production in Peru. And the usually optimistic Gene Epstein will share his latest take on the U.S. economy and talk about the next NYC Junto this Thursday.
Ellen Hodgson Brown and Dmitry Orlov will discuss the continuing collapse of western society thanks to the parasitic behavior of our banking establishment. With outright confiscation of depositor money in Cyprus, parasitic elite is no longer robbing us in the night through the hidden tax of inflation but now robs people through outright confiscation of deposits. How long yet before Robert Prechter's next dark age arrives? Orlov will give us an idea of which of the five Stages of Collapse the U.S. is now in, as he compares our demise to that of the former Soviet Union's collapse. In an attempt to survive, we look to honest money--gold bullion and gold shares. So, on an upbeat note, we have Jean Martineau, of Dynacor Gold Mines visiting to talk about his company's dramatic earnings growth from gold production in Peru. And the usually optimistic Gene Epstein will share his latest take on the U.S. economy and talk about the next NYC Junto this Thursday.
With permission of GoldMoney, we will play a previously recorded debate between James Turk who believes we are destined for hyperinflation event and Robert Prechter who is equally convinced that a deflationary depression worse than the 1930s lies in our path. But must we face either extreme? Might we not experience something more tolerable along the lines of A. Gary Shilling's deflationary views? Mish Shedlock, well known for his belief that we will experience substantial price declines due to an overwhelming debt load, will talk to us live to provide his perspective relative to the extreme divergent views of Turk and Prechter. Your host will comment on the impact of these various scenarios might have on the demand for energy in light of two corporate guests in the energy sector. Chris Cooper, Pres. of a young but growing oil and gas company, Aroway Energy, and Sean Hurd, Pres. of Blue Sky Uranium with spectacular speculative potential, will talk about their companies' prospects.
With permission of GoldMoney, we will play a previously recorded debate between James Turk who believes we are destined for hyperinflation event and Robert Prechter who is equally convinced that a deflationary depression worse than the 1930s lies in our path. But must we face either extreme? Might we not experience something more tolerable along the lines of A. Gary Shilling's deflationary views? Mish Shedlock, well known for his belief that we will experience substantial price declines due to an overwhelming debt load, will talk to us live to provide his perspective relative to the extreme divergent views of Turk and Prechter. Your host will comment on the impact of these various scenarios might have on the demand for energy in light of two corporate guests in the energy sector. Chris Cooper, Pres. of a young but growing oil and gas company, Aroway Energy, and Sean Hurd, Pres. of Blue Sky Uranium with spectacular speculative potential, will talk about their companies' prospects.
- Robert Prechter, analyst of the Elliot Wave Principle, shares his views on the bond market - Please call 1-800-388-9700 for a free copy of Robert Prechter's report
Peter Grandich has been around Wall Street wars for many years. Your host knows of few people who have a better sense of which way markets are turning than Peter Grandich. So at this time when your host shares the concerns of other highly esteemed analysts like Robert Prechter, Ian McAvity, Ian Gordon, and others that we are nearing the next leg down in the secular bear market that began in 2000, we will ask Peter which way he thinks we are headed and how soon. Also we will seek Peter's views on the direction of America from a moral and spiritual point of view and we will ask him how he thinks those conditions may affect our material well being. In the opening minutes of the show, I will be interviewing Greg Romain, the President & CEO of Gowest Gold about that company's development and mining of its 100% owned Frankfield East gold deposit, in the prolific Timmins, Ontario gold camp.
Peter Grandich has been around Wall Street wars for many years. Your host knows of few people who have a better sense of which way markets are turning than Peter Grandich. So at this time when your host shares the concerns of other highly esteemed analysts like Robert Prechter, Ian McAvity, Ian Gordon, and others that we are nearing the next leg down in the secular bear market that began in 2000, we will ask Peter which way he thinks we are headed and how soon. Also we will seek Peter's views on the direction of America from a moral and spiritual point of view and we will ask him how he thinks those conditions may affect our material well being. In the opening minutes of the show, I will be interviewing Greg Romain, the President & CEO of Gowest Gold about that company's development and mining of its 100% owned Frankfield East gold deposit, in the prolific Timmins, Ontario gold camp.
Ron Paul, Robert Prechter, Ian Gordon, Bob Hoye, John Williams, Larry Parks and Eric Sprott provide insights into the global economic malaise. All offer some hope for YOU, IF you can see through the deceit of policymakers. Paul and Parks explain that defiance of the Constitution's requirement to use gold and silver as money is leading to economic ruination. Prechter, Gordon and Hoye warn of a very severe deflationary future. Hoye believes the markets will require policymakers return to a gold-based currency. But Williams makes a strong case for hyper inflation in a debate with Bob Hoye. Paul and Parks also warn of inflation. Investor Eric Sprott is not as sure as some of this week's other guests on the inflation/deflation issue but he, like all the other guests, is absolutely sure gold and silver are essential to preserving wealth. Eric makes a very strong case for silver outperforming gold. Jay Taylor's severe cold prompted a replay of the above noted guests this week.
Ron Paul, Robert Prechter, Ian Gordon, Bob Hoye, John Williams, Larry Parks and Eric Sprott provide insights into the global economic malaise. All offer some hope for YOU, IF you can see through the deceit of policymakers. Paul and Parks explain that defiance of the Constitution's requirement to use gold and silver as money is leading to economic ruination. Prechter, Gordon and Hoye warn of a very severe deflationary future. Hoye believes the markets will require policymakers return to a gold-based currency. But Williams makes a strong case for hyper inflation in a debate with Bob Hoye. Paul and Parks also warn of inflation. Investor Eric Sprott is not as sure as some of this week's other guests on the inflation/deflation issue but he, like all the other guests, is absolutely sure gold and silver are essential to preserving wealth. Eric makes a very strong case for silver outperforming gold. Jay Taylor's severe cold prompted a replay of the above noted guests this week.
Ron Paul, Robert Prechter, Ian Gordon, Bob Hoye, John Williams, Larry Parks and Eric Sprott provide insights into the global economic malaise. All offer some hope for YOU, IF you can see through the deceit of policymakers. Paul and Parks explain that defiance of the Constitution's requirement to use gold and silver as money is leading to economic ruination. Prechter, Gordon and Hoye warn of a very severe deflationary future. Hoye believes the markets will require policymakers return to a gold-based currency. But Williams makes a strong case for hyper inflation in a debate with Bob Hoye. Paul and Parks also warn of inflation. Investor Eric Sprott is not as sure as some of this week's other guests on the inflation/deflation issue but he, like all the other guests, is absolutely sure gold and silver are essential to preserving wealth. Eric makes a very strong case for silver outperforming gold. Jay Taylor's severe cold prompted a replay of the above noted guests this week.
Claus Vogt is a contrarian investor. We may sleep better at night when our views agree with the majority. But when the majority opinion is wrong it can be disastrous for you. Claus Vogt has identified a host of reasons why the stock market will decline big time this year. He has also provided three danger signs. But Claus has some ways in which you can protect your wealth and actually gain from the impending decline. We will also delve into his new book, The Global Debt Trap. How will this crisis eventually end? Will it be through the flames of hyper inflation as prior guests on this show like Marc Faber, Ron Paul and John Williams think? Or will it be through a deflationary cleansing like Robert Prechter, Ian Gordon and Mish Shedlock assume. Also joining us this week will be Robert Blumen who will explain why paying attention to new gold mine supply is a waste of time in predicting the gold price. We will also talk to the CEO of an exciting uranium exploration company.
Claus Vogt is a contrarian investor. We may sleep better at night when our views agree with the majority. But when the majority opinion is wrong it can be disastrous for you. Claus Vogt has identified a host of reasons why the stock market will decline big time this year. He has also provided three danger signs. But Claus has some ways in which you can protect your wealth and actually gain from the impending decline. We will also delve into his new book, The Global Debt Trap. How will this crisis eventually end? Will it be through the flames of hyper inflation as prior guests on this show like Marc Faber, Ron Paul and John Williams think? Or will it be through a deflationary cleansing like Robert Prechter, Ian Gordon and Mish Shedlock assume. Also joining us this week will be Robert Blumen who will explain why paying attention to new gold mine supply is a waste of time in predicting the gold price. We will also talk to the CEO of an exciting uranium exploration company.
Claus Vogt is a contrarian investor. We may sleep better at night when our views agree with the majority. But when the majority opinion is wrong it can be disastrous for you. Claus Vogt has identified a host of reasons why the stock market will decline big time this year. He has also provided three danger signs. But Claus has some ways in which you can protect your wealth and actually gain from the impending decline. We will also delve into his new book, The Global Debt Trap. How will this crisis eventually end? Will it be through the flames of hyper inflation as prior guests on this show like Marc Faber, Ron Paul and John Williams think? Or will it be through a deflationary cleansing like Robert Prechter, Ian Gordon and Mish Shedlock assume. Also joining us this week will be Robert Blumen who will explain why paying attention to new gold mine supply is a waste of time in predicting the gold price. We will also talk to the CEO of an exciting uranium exploration company.
Cambridge Judge Business School Discussions on Economics & Policy
Robert Prechter offers a new explanation of why markets perform as they do.
Dominic talks meets Robert Prechter of Elliott Wave International in London.Where does RP thinks the markets are headed over the next few years?Lots of bear food for the deflationists … Wave Theory suggests just about everything is going down, except the dollar. See acast.com/privacy for privacy and opt-out information. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit frisby.substack.com/subscribe
Dominic talks meets Robert Prechter of Elliott Wave International in London. Where does RP thinks the markets are headed over the next few years? Lots of bear food for the deflationists … Wave Theory suggests just about everything is going down, except the dollar. See acast.com/privacy for privacy and opt-out information.
In 2002, Robert Prechter's book Conquer the Crash predicted a major decline in the stock market and in the economy. He seems to have been “spot on” in his prediction, given the horrendous stock market decline following the Lehman Brothers collapse and the worst business downturn since the Great Depression. Now, the equity markets have bottomed. Since March we have been enjoying a powerful bull market in stocks, commodities, and, to a lesser extent, precious metals. If we are to believe our government's economic numbers, the economy is improving as well. But is the worst behind us? Have we now conquered the crash? And what about gold now that it has risen to over $1,000? Is it time to bet on good times again? Is it time to sell gold and buy stocks? We'll ask Bob Prechter for his widely sought opinions on these issues. Be sure to tune in or listen via archives.