Robert Prechter on King World News | Part 3/4

[xtalalx]

Prechter is a genius,

Frank299 of course he didn't say it over the TV but he mentioned that to his subscribers. I made over 100% from march low by using Elliott wave analysis and now it's a good time to SELL and GET OUT.

[edmack4me]

Robert the market for Gold & Silver etc IS manipulated and has been for years to support US$ fiat currency so your assessments here mean zilch. Don't you know?

[30percentplusreturns]

I agree with bob that eventually the stock market will collapse but im just not buying that yet. Inflation is insane. Every week I go to my supermarket prices are up. Target and walmart arent bargains anymore. Gas is back up. Cable and car insurance all up. But hey, maybe bob is right. Housing is down. Clothes are much cheaper and if cable got too high I would just cancel it. Who knows. All i know is I own a bunch of physical silver and gold for insurance and I will short stocks to hedge that

[frank299]

Bob turned neutral in Feb/March before this big rally. He suggested to cover shorts.

He did not suggest to buy stocks. He did not suggest to be long in this historic 50% rally in 5 months.

Media tends to glorify to improve ratings.