Charles Nenner appeared on CNBC again this morning providing his lastest cycle predictions for the market in general and gold in particular. As usual Mark Haynes was not able to give Mr Nenner much time to explain his cycle research (I have sent Mr Nenner an email requesting a follow up interview).
Mr Nenner had some interesting things to say on the heels of his previous interview with me located here and on the Charles Nenner Research website. Not only did Mr Nenner compare our current market with the late 1930s market but he also called for the bulls to be very cautious after the next few weeks as he believes the market will find its top by mid October and the market rally since April of this year will find its much talked about correction by December.
In particular, Mr Nenner believes GOLD is in an up cycle until mid February and “then it is all over”.
As always, with anyone I mention here, take Mr Nenner’s forecast as his forecast and do your own research as well.
