Elliott Wave International has just put together an expansive NEW Deflation Survival Guide. The free 60-page eBook is packed with Robert Prechter's most important teachings and warnings about deflation. This is one of the most valuable resources EWI has ever offered at no cost. Learn more below or download it now – for free.
Robert Prechter has made the journey from fame to outcast and back. We want to tell you about the man who successfully forecast today’s investment environment when virtually everyone, everywhere said he was wrong.
Consider this quote from a popular journalist of the early 1900s, Kin Hubbard:
“There's no secret about success. Did you ever know a successful man who didn't tell you about it?”
To that, we reply, “Would you have ever benefited from his success if he hadn’t?”
The irony about this quote, and success itself, is that the road to success is often littered with scores of detractors.
They try to discredit your accomplishments.
They try to disprove your research.
Finally, once your mounting evidence forms a mountain too high to climb, they find a way to jump on your bandwagon.
In 2002, when Robert Prechter released a book called Conquer the Crash – You Can Survive and Prosper in a Deflationary Depression, an eventual New York Times, Wall Street Journal and Amazon best-seller, the detractors were out in full force.
The elite financial community labeled Prechter – the 1980s “Guru of the Decade” – an outcast, a man preoccupied with the concerns of “small children.” Experts from all schools of the economics profession said Prechter’s deflationary scenario was “utter nonsense,” and as likely to happen as “being eaten by piranhas.”
“It couldn’t happen!”
“It never will!” they guaranteed.
Yet … here it is. Since the real estate top in 2005, deflation has festered its way into almost all asset classes, ravaging the portfolios of millions. If you’ve been spared from deflation’s mighty jaws, you surely know someone who hasn’t.
Steadfastly throughout the years, Prechter issued warning after warning about the coming deflation. He provided helpful tips to investors, students, homeowners and business people alike on how to survive the coming deflation. Those who heeded his warnings have kept themselves, their families and their money safe. Some even realized modest gains while others endured life-altering losses.
If you haven’t yet given Prechter’s deflation argument your full attention, we write today to tell you that yesterday was the best time to do so.
Prechter’s complete writings on deflation literally fill thousands of pages. Now, for a limited time, Prechter has compiled his most important deflation writings into a special 60-page Deflation Survival Guide.
Until today, most of the forecasts and advice in this still-prescient eBook have only been released to Prechter’s faithful subscribers. You will not find its entire contents in other books or from other sources. This is your definitive Deflation Survival Guide, and for a limited time, it’s yours for free.
Learn more about this unique opportunity by following the link below.
Edit (7:53) And as if his ears were burning, Steve Saville submits a highly nuanced and in my opinion, right-on look at the Inflation-Deflation debate. Note that even this 'inflationista' thinks that price-related evidence will likely favor the deflationists until 2010, with the exception of gold.