World renowned geopolitical and market cycle expert Charles Nenner is sticking to his long time prediction of a huge correction with a downside target of DOW 5,000. Nenner explains, “You know that has been my prediction for the last couple of years, and it should take until the end of 2021 to the beginning of 2022. Based on my cycles, it is not going to start happening until the end of this year. On the contrary, we should start some bounces soon. . . .In the 1990’s, the DOW was 5,000 to 6,000, and don’t think it will be the end of the world. Life is not going to stop.”
On interest rates
“Lots of people have been concerned that interest rates are going up, but that is the opposite of what Nenner’s charts show. Nenner says, “No interest rates are going down, especially on the long side.”
On Gold
He predicts prices going up during the coming deflation. Nenner says, “It will take a little time to rally, but our target is $2,500 per ounce.
On U.S. dollar
Nenner says, “Short term, the dollar should start getting weaker. . . . I think the dollar in the U.S Dollar Index is around 96, and I think it goes below 96, and I think it will go lower. I think next year the euro will surprise on the upside.”
Full interview below
https://usawatchdog.com/deflation-coming-not-inflation-charles-nenner/
I dont have much money, but trying to protect my mortgage from fiat reset. Thank you for helping someone that you wont make alot of money on. Gid bless you sir. 30 yr. Mortgage balance 40 k. Bout 8 yrs. Remaining. 67 yrs old. Only have 10k . Buy physical gold?
not yet gold is headed lower because of liquidation of all assets. even mortgage rates will not come down because banks will need to cover their losses and they will continue to charge higher to unsuspecting customers