Saving the Banks will Accomplish – Nothing

Editor's Note: The old saying is that during a deflation cash is king. This is because as prices fall  money becomes more valuable (i.e. it buys more). So it makes sense to hold onto it as long as possible and wait for it to increase in value. … [Read more...]

3 Questions The Government Doesn’t Want You To Ask About the Financial Crisis

Bob Prechter, President of Elliott Wave International (EWI), is no stranger to challenging the status quo. His New York Times bestseller, Conquer the Crash, was published in 2002 before anyone was even talking about the current financial … [Read more...]

An Investment Lesson from the Last Crash

Bull Market or Impending Crash? December 2006 Since March I have been telling you that I expected the market to reach this resistance point, where will it go from here? With the NASDAQ up 53% over the last 12 months, you may wonder why … [Read more...]

Special Market Alert! Have we seen the bottom?

On Wednesday March 12th the market neared its October lows but extremely significantly DID NOT break through to new LOWS! This is extremely Bullish! The following table shows the October lows compared to the March lows. … [Read more...]

An Investment Lesson from Deflation Scares

On November 6, 2002, The Wall Street Journal, in a front-page article entitled “Inside the FED, Deflation draws a closer look”, stated that the FED was discussing the possibility of deflation at a country inn in Woodstock, VT. It said “central bank … [Read more...]

The MIP Accurate Even Under Stress

Why the Deviation? This historical chart has been posted in response to a question posed by a regular viewer. He asked why our projection deviated so drastically from from the actual CPI as shown by the red line on this chart. As you can see the … [Read more...]