Gold and Silver: “Perfect Hedges” Against a Recession? Hardly.
Get an eye-opening insight into the timing of four separate silver crashes
by Bob Stokes
Updated: December 18, 2017
Gold and Silver Myth: BUSTED!
Here's the myth: Precious metals are perfect hedges against an economic downturn.
Here's what you need to know: The historical DATA contradicts this widely held belief -- not once, not twice, not thrice -- but repeatedly.
Yet, the historical record DOES show that the chart patterns of gold and silver DO follow the Elliott wave model.
Here at Elliott Wave International, our constant and painstaking review of the Elliott wave model helps us help traders and investors to see what's REALLY driving financial markets.
Many times that includes shining a light on "conventional wisdom."
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- 1. Robert Prechter, Author of 16 market-related books, New York Times Best-Selling Author and Editor of Elliott Wave Theorist
- 2. Steven Hochberg, Editor of the Short Term Update and Co-editor of The Elliott Wave Financial Forecast
- 3. Peter Kendall, Author of The Mania Chronicles and Co-editor of The Elliott Wave Financial Forecast
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