Quote from luisHK:
"Familiar with this summary "
Are you actually able to give a different outlook, no matter what the situation is ??
He made the same calls many months including as far back as August ( could be longer I didn't check ) and issued several strongly worded shorts on metals PRIOR to Silver going up in a parabolic fashion.
If we are to look back at the last time Silver was at $34 it wasn't all that long ago really. I used to trade calls on Silver miners in 2009 and timing your trades is far more important then knowing that the underlying will rise ( or drop ) eventually. I might be stating the obvious but this GrandSuperCycle guy doesn't seem to understand trading.
I'm not sure how useful this guy is, claiming the S&P 500 is going to have a massive correction back when it was only around 1000. How on earth would you even trade with that margin of error ?
Hey, I'm sure there some on here that are impressed when he says "Rising Wedge on Silver showing signs of Weakness" a few hours AFTER Silver corrects 12% overseas. I'm not easily impressed, because my trades have to be timely and make money more so then not.
The funny thing is using his logic, almost every stock market in the world is in a "Rising Wedge" since March 2009. So once the bull market ends, the wedge will be broken, and he can claim Sweet Victory. This is inevitable, no trend lasts forever. This is how he "Called" the last Market Crash, just predict it infinitum another one will eventually occur.