Gold: Best Supporting Role In Economic Downturns? Think Again
Gold’s safe-haven status is based on hype, not history
March 9, 2010
By Nico Isaac
As I sat down to watch the Oscar pre-show on Sunday night, March 7, one word was repeatedly used to describe the celebrity starlets and their designer duds: GOLD. Gold bustiers and gold lame skirts, shiny gun-metal dresses and glittery sequined gowns all [...]
EWI – What Chinese Malls Tell Us about the Economic Reality
February 22, 2010
By Editorial Staff
Investor expectations are decidely bullish right now, and many people expect an economic turnaround this year. What do the underlying economic conditions suggest? The Chinese mall “The Place” demonstrates the contrast between investor hope and economic reality.
The following is an excerpt from the February issue of Global Market Perspective. For a [...]
11 Commonplace Market Views: True or Myth?
February 17, 2010
By Susan C. Walker
“Cash on the sidelines is bullish for stocks.” Have you ever heard some stock market pundit utter these words? Have you ever wondered if the statement were true? Read this item from the latest issue of The Elliott Wave Financial Forecast, and you’ll wonder no more:
Myth — Cash on the [...]
3 Questions The Government Doesn’t Want You To Ask About the Financial Crisis
Bob Prechter, President of Elliott Wave International (EWI), is no stranger to challenging the status quo. His New York Times bestseller, Conquer the Crash, was published in 2002 before anyone was even talking about the current financial crisis.
In his recent 10-page market letter, Prechter shifts his focus to the government’s role in the latest financial [...]
