Dow-Gold Ratio Shows Bear Market Underway in US - Prechter on Bloomberg - February 2008

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
6,804
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Feb 18, 2009

Feb. 27, 2008 (Bloomberg) -- Robert Prechter, chief executive officer of Elliot Wave International Inc., talks with Bloomberg's Pimm Fox from Atlanta about his theory that U.S. stocks are in a bear market, the impact of credit costs on equities and implications of the decline in shares of bond insurers.

00:00 Dow-gold ratio as indicator of bear market
02:58 Impact of credit costs on inflation, stocks
05:28 Impact of currencies on model; bond insurers

Category:

Education

Tags:

License:

Standard YouTube License

  • likes, 2 dislikes

Link to this comment:

Share to:

Top Comments

  • When you think Elliott Wave, think Robert Prechter.

    Its too bad more people don't see this kind of investment thinking, kudos to Bloomberg.

  • This must be a video of Feb 2008.....when gold was up before the dip....and so was oil.

see all

All Comments (11)

Sign In or Sign Up now to post a comment!
  • What a beautiful foresight Robert had done! People may think that he was crazy given on March 2008, the Dow rebound slightly then followed the extreme sharp fall.

  • Shame on Pimm Fox here. He says the components of the DJIA have "changed dramatically" and he's right. He should have said that regardless of the components in the DJIA, the DJIA represents the industrial output capacity of the U.S. economy at any moment in time.

  • Robert Prechter is clueless. There is no way there will be deflation. If we see deflation the government will print massive amounts of money and create inflation. Inflation helps debters and the U.S. is a giant debter. When the dollar really starts falling countries like China, Japan and people around the world will dump their dollars.

  • One more great economist who predicts the economy correctly and great traders and economist Michael Hudson, Peter Schiff, Jim Rogers, Marc Faber and so many more. God help us we have Idiots in our government.

  • Feb. 2008 - has to be that !

  • have enjoyed the 5 waves up & abc for years

  • The description column reads "Feb. 27th, 2009"??? LOL!

Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more