Research proves wrong the idea that gold reliably rises during recessions, says EWI President Robert Prechter. …If gold isn’t going up when the economy is contracting, when is it going up? Table 4 (see chart on p. 24 of this free Club EWI report — Ed.) answers the question: All the huge gains in gold […]
How Might Gold, Silver and T-bonds Behave in a Bear Market?
April 8, 2010 by Leave a Comment
Can you imagine a scenario under which precious metal and Treasury bond prices would fall together? Most people would think such an event would be impossible. Yet look at this chart and realize that gold and T-bonds have been going up together for an entire decade…
Your Cheatin’ Chart Will Tell On You
March 30, 2010 by Leave a Comment
Hank Williams may not have known about Elliott waves, but he did know when a story doesn’t add up. Such is the case with the nominal rise of the Dow Jones Industrials from 2000 to 2007. In the language of country music, this stock index has a “Cheatin’ Chart” — it doesn’t tell the real story.
Why You Should Care About DJIA Priced in Gold
January 11, 2010 by Leave a Comment
Of the many forward looking market indicators we at EWI employ, one of the most interesting tools (and least discussed in the financial media) is the DJIA priced in gold — “the real money,” as EWI’s president Robert Prechter calls it…
