From Distressed Volatility:
On June 4, Robert Prechter, founder of Elliott Wave International, told Lauren Lyster on RT’s Capital Account that he is still very bearish on the stock market, which he sees making a major secular low in the next four years.
But he also thinks Treasury bonds are in the process of topping out (yields bottoming), which is interesting because he still thinks we are headed for a deflationary depression!
Prechter sees the Stock Market in the process of topping
GUEST EXPERT 03/22/2012
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James J Puplava CFP with Robert Prechter
Jim is joined this week on Financial Sense Newshour by Robert Prechter, President ofElliott Wave International. Robert sees signs of a potential credit implosion, with borrowing and spending contractions in many foreign countries, as well as in US states and municipalities. He believes that the commercial bank “lending machine” is out of order, and the investment bank “leveraging [...]
By: Elliott Wave International | Tue, Oct 18, 2011
The world’s foremost Elliott wave expert goes “behind the scenes” on the Federal Reserve
This is Part II of our three-part series, “Robert Prechter Explains The Fed.” You can read Part I Here.
Money, Credit and the Federal Reserve Banking System
Conquer the Crash, Chapter 10
By Robert Prechter
… Let’s attempt to define what gives the dollar objective value. As we will see in the next section, the [...]
“Robert believes that way to safety in a deflation is to have cash, and lots of it. My concern with this approach is that I question the safety of the US dollar (and all fiat money, for that matter). So in an all-out deflation, Robert Prechter will be sitting in all cash or US Federal Reserve notes. But the dollar is collapsing, and with a US that is deflating, [...]
By Al Coryell
Since the 1970s, Robert Prechter of Elliott Wave International (EWI), has been warning that Elliott Wave Theory is predicting a major top to a giant three century wave which R.N. Elliott dubbed the Grand Super Cycle wave or GSC. The GSC wave spans back to the 18th century encompassing the South Sea Company Bubble in the early 1700s and all history since. [...]