Yes, you read that right. Just when all the metals bugs are about to give up, Charles Nenner is calling for record precious metals prices. He says the rally will start at the end of the summer going into Q3. The price target is 2 years out. He doesn't currently have a silver price target, but will get back to us shortly once the cycles confirm. He believes that the USD is also heading higher once again and Treasuries will be a good place to be. Oil prices are headed for another major decline. Let's see what happens next!
Charles Nenner founded, and is president of, the Charles Nenner Research Center. Mr. Nenner has provided his independent market research to the following entities all over the world: hedge funds, banks, brokerage firms, family offices, and individual clients. Mr. Nenner worked for Goldman, Sachs & Co in NY, from 2001 to 2008. Before that time, Mr. Nenner worked exclusively for Goldman, Sachs & Co. in London, where he served as a technical analyst for Goldman's fixed income trading group from 1998 to 2001. From 1997 to 1998, he served as the head of trading research at Rabobank International, and from 1992 to 1994, he was head of Market Timing at Ofek Securities in Tel Aviv. Mr. Nenner initiated a system of pattern forecasting and securities analysis, and developed a computer program which takes many indicators into account, including Mr. Nenner's use of proprietary cycle analysis.