Today, it was reported that GDP growth was 50% lower than Wall Street had forecasted. At school, that would give you a big “F.” Once again, economists are busy wiping the egg off their faces. This seems to be a continuing process.
Our subscribers knew for the past 9 months that the US economy is on the way to recession.
Today’s GDP growth number was a 1.2% annualized rate in the second quarter. The median forecast of economists (Bloomberg) was for
In 1981, we wrote in our Wellington Letter that our analysis showed a 20 year bear market was ahead for Gold. That call was right on target, but at the time, no one believed that Gold would decline for 20 years.
Furthermore, we wrote in 1981 that after a 20-year bear market, Gold would go into a 30 year bull market. In 1981 that seemed outlandish. We even wrote at the time, “We have
Bert Dohmen Says…
A Brexit Rally Will Lead to a Bull Trap
From Dohmen Capital comes the just released Special Report: The China Crisis Is Here. This report is a follow up on Bert Dohmen’s prescient third book released in 2013, “The Coming China Crisis.”
Now you can find out the truth about China’s massive economic and political issues, which are causing a crisis in China that will spread like a tsunami, affecting the financial markets around the world.
Our work shows that a significant trap for the bulls is being engineered. When everyone starts celebrating, the best traders go the opposite way. They will get positioned to profit from the next market downturn.
The biggest opportunities are always in market corrections or bear markets. Why? Because stocks decline faster than they rise.
Bert Dohmen Reveals…
Apple’s stock is now down about 35% from its top last year. Yet in the last survey of analysts who follow the stock, 21 out of 29 still have a “strong buy” rating on the stock.
As we often see, analysts wait until a severe bear market has been reached to finally change their rating