Jul 25, 2022
Summary:
Markets are going crazy, and we’re seeing a bit of a crash/pullback
in commodities. Charles Nenner comes on the show to present how we
can understand this phenomenon in terms of cycles. Charles has been
known for using cycle analysis to predict future market moves, and
in this episode, he explains some of the logic behind cycles in
commodities, gold, and the prevalent markets in these
circumstances. Tune in for more insight.
Highlights:
-You can calculate how high/low moves go, and when they happen
-The news isn’t necessarily important; it’s more useful to look at
cycles and patterns in the markets
-You can only get a bounce when cycles bottom
-When cycles aren’t in sync, it’s not as easy
-Charles’ rule of thumb is don’t go against the cycle
-We’re looking at a bit of a bounce on Bitcoin
-Cycles are generally ahead of fundamentals
Useful Links:
Financial Survival Network
Charles Nenner Research Center