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Gold May Be on Fire, But a Drone Strike Did NOT Light the Keg

by Nico Isaac
Updated: January 08, 2020

Q: What's the Best Way to Miss A Rally in Gold?

A: To Wait on After-the-Fact Stories That Link Big Price Moves to "Big News" Reports

Chart of the Day just showed you a case-in-point of how this happens: After gold began to rally, financial news said military action was the cause. Backwards reporting like that happens all the time, for virtually all big financial market moves.

You also saw how our Elliott Wave forecasts alerted subscribers before gold's rally (and way before the supposed "cause").

We can help you spot both short- and long-term trend changes -- in Europe, and around the world.

See which service fits your needs best.

European Financial Forecast Service

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European Financial Forecast Service is our primary service covering key markets in Europe including the DAX, FTSE 100 and 250, CAC-40, AEX, SMI, IBEX 35, S&P/MIB, Dow Jones Euro Stoxx 50, RTS, CECE Overall Traded Index, euro and more.

Comprises the European Financial Forecast, European Short Term Update and Elliott Wave Theorist.

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EXCLUSIVE

See Why 2021 Could be a “Monumental Year” in Financial History

What can you learn when you look at the stock market -- the Dow Jones Industrial Average, specifically -- going all the way back to 1788? A lot! For one, clear Fibonacci proportions begin to emerge between multi-decade historical periods. What's more, the same Fibonacci proportions also begin to point to the year 2021 as a very important moment in financial history.

The Nat Gas Bears Great Vanishing Act: Abracadabra or Elliott Waves?

In June 2020, it seemed the natural gas bear would stay for a while. Yet early July saw a turn from its long-term low. A four-month rally followed and prices more than doubled: See the forecast that got it right.

2021: “Is Currency Debasement Finally Having Consequences?”

"When empires fall, it is usually accompanied with a debauched currency," says our Head of Global Research Murray Gunn in this sobering overview as to why 2021 may usher in "a changing world order."