Sila cuba carian lain
The years in question ran from 1979-2001, a period book-ended by gold\'s $850 all-time high in 1980, and its low near $250 in 2001. Put in other words, "All of Robert Prechter\'s Real-Time Metals Commentary During the Bear Market Years" -- which is the subtitle to Elliott Wave International\'s just-published book,
How to Forecast Gold and Silver Using the Wave Principle.Bob believed that Elliott wave patterns would transcend fundamentals, new technologies, even the government\'s intervention into markets.
Which is why this is unlike any "How To" volume you could ever read. Bob\'s earliest forecasts came just before the manic high in 1980. Investors then were as crazy to own gold and silver as they would be to grab up NASDAQ stocks twenty years later.
So you can imagine how Bob was received in January 1980, when Commodities magazine quoted him saying, "Silver can be expected to drop back to between $4 and $6 per oz. sometime in the next decade." And on February 9, 1980, Bob said "Gold has registered a fairly classic blow-off, which I now believe has finished off the major leg III from the 1970 fixed-price low."
But that\'s only how the story begins…