Added: 2 years ago
From: KingWorldNews
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  • The rich and powerful will never let the dollar fall. It sustains a debtor system, which makes us all slaves. It is protected by the military and police.

    The Elliot wave has a very impressive record.

    A 5 month rally seems to be reflected in the commodities as well.

    Canned veggies increased prices. Most everything else is coming down.

    50 mil more unemployed, massive personal bankruptcies, homeless everywhere, then the rich move in and buy everything. So, what's new?

    Politicians are rich too.

  • The Media does NOT reflect the herd but rather the media represents various interests that sell to the herd for which the media receives its income or political influence.

    Therefore it is in the media's interest to direct the herd to the direction that results in maximum fleecing eg green shoots, etc. Sheeple would be familar and comfortable with this type of language used.

  • From what i've also seen the dollar is setting up for a large rally. King World News has been talking about the commitment of traders report that shows heavy commercial interests that are short gold and long the dollar. I think after this rally however we'll see a crash equal to that of Zimbabwe.

  • Give me a break, "the press reflects what the herd is thinking"? What freaking planet does Prechter live on. The PRESS WORKS FOR THE TRADING HOUSES! They only report to benefit the TRADING HOUSES. There is no free press in this country anymore. The press TELL THE HERD WHAT TO THINK.

  • @MrBankRuns

    Disagree. The Elliott Wave Theorist represents free press. It's just not very popular now because the herd believes in a perpetual bull market. The unusually high interest in the stock market since the 1987 crash is what put CNBC on television. There was a high demand for information tailored to the new bull market believers.

  • @TYX91101 OK. let me know when you go broke listening to Prechter.

  • everything makes sense at the wrong time (herd mentality)

  • Bold Call on the Dollar for the next 1-2 years. Most are positioning for hyperinflation, you're right. I've taken some chips off the table based on your advice.

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