Hailing from sunny Miami Florida, home of the exotic Miami beach, Charles Nenner rejoins the show. Our guest outlines proprietary market model entries / exits including gold that could eventually ascend to $2,500 Adding support for the bullish case for PMs / commodities, the Euro could remain strong relative to the Greenback. Years ending in the number 7 oftentimes lead to key weakness in the NYSE, such as the Crash of 1987, market-flu of 1997. The Nenner model anticipates the final low to unfold in 2020, despite one of the most impressive share rallies in US history. Charles Nenner outlines a unique solar activity indicator that appears to offer insights on US share prices, strikingly similar to that of longtime show mentor, Arch Crawford.Former NFL player Bill Murphy of GATA.org returns with commentary on the silver market. Mr. Price is convinced that the new Fed Chair must lower rates and commence QE3 operations. The silver Liberty Dollar is making a comeback as US state legislators recognize and embrace the need for sound money. Hong Kong just announced a $6.4 billion defense of its currency peg to the US dollar. The PMs could undergo an epic run to the three digit level in surprisingly fast order. For the first time in perhaps decades, central banks are now accumulating silver. President Putin directed the Moscow bank to fill the coffers with 72 pound silver bars. The new trend suggests the already inelastic market could soon stretch even more tightly. The bear vs. bull market struggle continues to intensify between the heavy player, the commercials vs. specs, removing the reigns, from the gold market cartel, which is now running low on physical metal formerly used to cap the paper market price.Please Listen Here
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Guest Bios
Bill Murphy
Gata.org
Bill Murphy, GATA ChairmanMurphy grew up in Glen Ridge, N.J., and graduated from the School of Hotel Administration at Cornell University in 1968. In his senior year he broke all the Ivy League single-year pass-receving records. He then became a starting wide receiver for the Boston Patriots of the American Football League. He went on to work for various Wall Street brokerage firms and specialized in commodity futures. He began as a Merrill Lynch trainee and went on to Shearson Hayden Stone and Drexel Burnham. From there he became affiliated with introducing brokers and eventually started his own brokerage on 5th Avenue in New York. He now operates an Internet site for financial commentary, www.lemetropolecafe.com.Please click here.
Dr. Charles Nenner MD
Charles Nenner Research Center
For 3 decades the Charles Nenner Research Center has been using cycles to accurately predict the biggest moves in markets worldwide. As part of our research package, clients receive charts every Sunday, similar to the one displayed here. We created this interactive chart tutorial to help explain the 6 key elements of our charts. Mouse over each number for a description.A short note about the research. Our cycles are found by looking for, and analyzing, a series of equidistant top to tops. These cycles can be found in any particular data series. We regularly cover stocks, bonds, currencies, commodities and economic indicators. Cycles provide direction and timing. However, the research also includes price targets and levels, which is done using complex, momentum based algorithms. To sample our reports, click on the contact us button on the top of the page.To visit my website: click here.