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The purpose of Elliott Wave International is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle, often called the Elliott Wave Principle after its discoverer, R. It is about the DOW and Eliot Wave Theory.
I am not a follower of Elliott Wave theory. Robert Prechter is an Elliott wave theory proponent.
I am no Elliott Wave aficionado.
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He said in essence - the sentiment for Gold is so bad now that despite the fact that Eliot Wave has predicted a bear market in metals nonstop for the past 21 years, the time is drawing nigh for a big breakout to the upside in gold.
definately !
Is there a connection with the known gold-short position of Deutsche Bank ? Zero operation in paper .
In that same year papergold traded the same one ounce, over 20 times through options and futures, before it physically arrived at its real buyer ! .
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