November 13, 2009
The following article is provided courtesy of Elliott Wave International (EWI). For more insights that challenge conventional financial wisdom, download EWI’s free 118-page Independent Investor eBook.

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Large banks and more recently pension funds have suddenly become infatuated with gold.  They chant the mantras that gold bugs have known for years: gold is a store of value; owning gold is financial insurance; an ounce of gold will always buy a good suit.  The idea is that if the economy continues to weaken and share prices decline, a strategic allocation of the precious metal will hedge and offset some of the losses in the financial sector.

On the surface it seems to make sense and it’s hard to argue with the logic.  Even so, logic can sometimes get twisted, whereas facts cannot.  The …

Learn more about the method that has kept Robert Prechter out of the herd and in the game for more than three decades. His company, Elliott Wave International, has an extremely useful Elliott Wave Tutorial for free online. It’s broken up into 10 lessons across 50 pages, so it’s easy to read and review at your leisure. Learn more about the free Tutorial.

Greetings Investor,

“Successful market timing depends upon learning the patterns of crowd behavior. By anticipating the crowd, you can avoid becoming a part of it.”

I pulled this quote directly from the opening paragraphs of the free Elliott Wave Online Tutorial. It’s critical to your understanding of how markets really work.

Now some might say, “What’s wrong with following the crowd? I’m just following the easy money, right?” The problem with this logic is that …

“I think stocks are topping out, commodities are topping out and the dollar is making a bottom,” says Robert Prechter, president of Elliott Wave International and author of “Conquer the Crash“.

According to Yahoo Finance - Tech Ticker, Prechter also makes the seemingly counterintuitive argument that the dollar will rally because there’s so much debt, rather than being doomed because of it. “If the economy turns sour again in 2010, as he predicts, Prechter says the dollar will benefit as more dollar-denominated IOUs get called by creditors seeking to shore up their own balance sheets, as was the case in 2008.

“A sustained rally in the dollar would have devastating consequences for stocks, emerging-market assets, high-yield debt and commodities. But gold might be the exception, because it represents ‘real money’ and more people are questioning the global paper money system, Prechter says.”

Exciting News: Our friends over at Elliott Wave International are offering Robert Prechter’s latest monthly market letter, The Elliott Wave Theorist, for free along with the firm’s most popular U.S. analysis and forecasting publications. You can now download, print and read dozens of chart-filled pages of current analysis for U.S. stocks, the economy, precious metals, bonds, U.S. dollar and more — and it’s all free for one week only. This opportunity ends Nov. 11. Learn more about FreeWeek, and get your free reports here.

Eight months ago, the stock market began a very large rally — the gains exceeded 60% in the S&P 500. Everyone knows this. But here’s a fact that has gone virtually unreported: The vast majority of those gains (about 90%) were from March through August. By comparison, September and …

Our friends at Elliott Wave International put together an expansive Deflation Survival Guide. The free 60-page eBook is packed with Robert Prechter’s most important teachings and warnings about deflation. This is one of the most valuable resources EWI has ever offered at no cost. Learn more below or download it now for free.

I want to tell you about a financial analyst who’s made the journey from fame to outcast and back. We want to tell you about the man who successfully forecast today’s investment environment when virtually everyone, everywhere said he was wrong.

Please allow me to share with you a quote from a popular journalist of the early 1900s, Kin Hubbard:

“There’s no secret about success. Did you ever know a successful man who didn’t tell you about it?”

To that, we …

My contact over at Robert Prechter’s financial analysis firm, Elliott Wave International, just told me about a free “Conquer the Crash Collection” from Prechter’s New York Times best-selling book. This valuable resource includes 8 lessons on topics critical to your financial survival, including: what you should do with your pension plan, what you should do it you own a business, calling in loans and paying off debt, whether you should trust the government to protect you — and much more. Learn more about this exciting resource, and get your free access here.

Greetings,

In every disaster, only a very few people prepare themselves beforehand. Think about investor enthusiasm in 2005-2007, and you’ll realize it’s true.

Financial analyst Robert Prechter warns that the doors to financial safety are closing all over the world. He believes prudent people need to act while they still can.

To …

Mark Hulbert’s Sept. 11, 2009, column for MarketWatch.com says, Robert Prechter “came the closest … to forecasting what was about to take place.” One thing the noted financial columnist left out was that many of Prechter’s forecasts still lie in the future. The long-awaited second edition of Prechter’s bestseller, Conquer the Crash, is finally here! Prudent investors should read his prescient insights, what he believes is still ahead and what you can do to protect your wealth today. Learn more about the special pre-order offer for Robert Prechter’s bestseller, Conquer the Crash, Second Edition.

Today’s financial and economic tribulations were a long time in the making. Many people ask, “Why didn’t someone see it coming?”

But a New York …

October 9, 2009
The following article is based on analysis from Robert Prechter’s Elliott Wave Theorist. For more insights from Robert Prechter, download the 75-page eBook Independent Investor eBook. It’s a compilation of some of the New York Times bestselling author’s writings that challenge conventional financial market assumptions. Visit Elliott Wave International to download the eBook, free.

By Nico Isaac

If you want the latest news on the U.S. Dollar Index, try a search under its new ticker symbol, RIP. — as in, “rest in peace.” Let the record show: In the early morning hours of Tuesday, October 6, the mainstream financial community officially declared “The Demise of the Dollar” (The Independent).
The “coroner’s report” cites these details as the causes of death:

An alleged (and later denied) secret meeting among leaders of certain Arab States, …

[Editor's Note: As someone who is primarily a believer in fundamental analysis, I must say this article, and this author, really seem to have struck a chord for rationale of technical analysis].

October 5, 2009

By Elliott Wave International

As the major stock markets turned down in late 2007 and then started to rally in March 2009, many people who believed in fundamental analysis have begun to question its validity.

Famed technical analyst and Elliott wave expert Robert Prechter has long called for the bear market we are now in the midst of. (He views the rally of 2009 to be a bear-market rally not the beginning of a new bull market.) But over the years, his methods of technical analysis have been criticized. Here are his most succinct arguments as to why wave analysis outdoes competing forms of analysis….

In my father’s house are many mansions. Surely one of them has a room with no elephants in it….

Not to crunch too many metaphors right here at the top, but a consensus seems to be firming up in the animate jello of the Internet that we have entered the Season of the Witch. An odor of ripeness fills the virtual air — something between dead carp and apples baking.

Whatever else appears to be going on in the upper stories and verdigris-tinged turrets of capital finance — currency rackets, gold switcheroos, interest rate arbitrage games, concealment of losses under rugs and behind curtains, Chinese fire drills performed by Spanish prisoners, executive three-card-monte set-ups, boardroom work-arounds, accounting quicksteps, Peter-to-Paul-shuffles, check kitings, pigeon drops, Ponzi schemes, hugger-muggers, bezels, shucks, jives, and enough monkeyshines to make Lord Greystroke cry for mercy — apart, in other words, from business-as-usual, such as it is