Prechter Answers 20 Questions

http://www.tradingfives.com/20questions.html Robert Prechter provided an hour long interview on June 19. He was asked tough questions about fiat currency, gold, the Fed, the Great Depression, financial bubbles, government intervention and how to protect your money -- and even profit -- in today's environment.

There has been a lot of debate about what the government is doing to stave off a so-called double-dip recession. Some say it will cause runaway inflation; others say it's simply delaying the inevitable. Robert Prechter says DEFLATION is the true concern.

It's true that Robert Prechter is a polarizing figure in the world of finance. Some write off his technical analysis theories as esoteric market hocus-pocus. Others swear by the natural order of the markets, which is why they believe Elliott waves and Fibonacci are the purest forms of technical analysis.

Whatever your opinion, it's hard to deny that Prechter is on to something. Virtually no one has called the crisis like him.

MarketWatch columnist Peter Brimelow recently reported, "Over the past three years, Prechter's bearishness paid off handsomely. It's up an annualized 5.25% against negative 8.12% annualized for the total return Wilshire 5000."

Some might say it's luck. Those familiar with Prechter's writing call it unique insight.

After all, who else warned (as early as 2002, early enough to take action) about the impending tops in real estate, commodities and stocks or about defaulting pension plans, municipal bankruptcies and massive bank failures -- plus a huge rally in the once-"doomed" U.S. dollar?

Only Prechter.

Read Prechter's candid answers for free, and find out where he thinks the markets are heading next. Access the 20-page report now from the link below.

http://www.tradingfives.com/20questions.html

Category:

News & Politics

Tags:

• prechter
• fiat currency
• gold
• the Fed
• the Great Depression
• financial bubbles

[quadcatfly]

@UPSIPO must be all that deflation in gold, silver and comodities he predicted...

[UPSIPO]

So basically this is a commercial to promote Prechter Robert. What a joke. Since January 2010 he is afraid to show his face in public.