David Gurwitz--Gold $1338 #3124

06/20/16 • 17 min

David Gurwitz gave us another installment of Charles Nenner's cycle economic forecasts. It appears that gold has bottomed and the next upside target is $1338. David believes that it's going to take a while to get there. Interest rates are a question mark. David says the system is predicting rate hikes to about 2 percent. In light of the current economic conditions, that's real aggressive call. They're also expecting oil to increase throughout the summer, hitting a high of $67 per barrel. There's lots more calls about companies and commodities and the stock market. Take a look, because the trend is changing and you need to be ready.

Previous Episode

David Gurwitz--Major Up Cycle Ending Now #3098

Today we discussed Dr. Charles Nenner's economic forecast. For centuries, the second decade has seen a major war occur. With the economic cycles heading downward, Keynesianism has proven a complete failure. As Dr. Nenner says, there's no way that man can make a down cycle go up, at least not in the long run. Is China really the hope of the world? Is chaos setting in? These questions and more.

Next Episode

David Gurwitz--Markets Saying No To Brexit

Based upon recent market trends, David Gurwitz believes that the Brexit vote will come up short for EU opponents. Additionally, stock markets will soon be hitting a wall and project weakness by the end of June. Gold and silver topped but they're still on buy signals until further notice. Natgas is still on a buy signal and has an upside target of $2.87. Let's watch the Brexit vote and see if the system called it right.