Business news without the bullshit

Looking at the gold chart

Robert Precther predicted this

Subscribe to RealEconTV

Your e-mail address is kept absolutely private
We make it easy to unsubscribe at any time

It's deflation guys

We have sung this song for years now.

In the mid-term, gold, stock, bonds and all "tradable" items are going down.

The US dollar and short term US paper will thrive in this environment.

Why? It's simple. There will be a million sellers - and no buyers.

If you haven't yet, study the interview I did with Prechter at the beginning of this year.

We predicted everything that's happening now

RealEconTV and Robert Prechter

NOTE: I disagree with this trader that $1,400 represent any kind of bottom.

Remember this about bear markets: "All bottoms have a hole in them."