It's
High Noon for the Fed
Get Your Free, 3-Page Report From the Latest Elliott Wave
Theorist
"On one end of the dusty street stand
five outlaws: the Federal Reserve, the Bank of Canada, the
Bank of England, the European Central Bank and the Swiss
National Bank. On the other end of the street stands the
monster that they created and nurtured in their global lab.
The outlaws have opened with a barrage of bullets. But the
only bullets they have are made of the monster's very substance:
debt. Every bullet that hits him only makes him stronger.
And now the monster is beginning to draw his gun, and it's
a bazooka. He is taking aim. The monster is about to overcome
his makers."
– Bob Prechter, The Elliott Wave Theorist,
December 2007
Prechter pulls no punches in his brand new Elliott
Wave Theorist. He continues his frank analysis of the
debt crisis and critique of the Fed's failed attempts to
inject liquidity and "rescue" the financial markets.
Bob's devastating presentation shows that throughout its
history, the Fed has NO track record of stimulating consumers
to spend, creditors to lend or corporations to borrow.
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