Monday, July 07, 2008

Boon vs Glenn Neely, Part II

NS: From NEoWave [1], released after a $130 "collapse" in Gold earlier this year (which was anticipated by Boon as a seasonal peak [2]):

As a public service, on many past occasions I have issued general announcements about major market turns in the S&P, Notes, the Euro and Gold.

Today's announcement is on GOLD. Following last week's massive, $130 collapse, Gold has given us EXACTLY the move required to confirm the bull market is OVER!

As usual, with any major market call that is contrary to the public's belief system, this will come as a shock and be immediately rejected by the majority. But, there is no denying Gold has experienced its largest, fastest decline in over 10 years, which virtually guarantees a multi-year correction has begun.

If you want to be prepared for years of DEFLATION, not inflation, and you want to benefit from a rising dollar and falling Gold market, make sure to join before it is too late. Go to http://www.neowave.com/product.asp and pick the Gold service that best fits your needs.

Glenn Neely
NEoWave, Inc.

Neely is calling for a deflation, while Boon believes the present US recession will be led by inflationary pressures [3]. Boon's re-entry into the Gold market was documented in [4, 5, 6, 7, 8, 9, 10].

Also, Neely is seeing a rising Dollar while Boon has recently committed a bet against the Dollar through his long position in the Japanese Yen [11, 12].

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References:

  1. NEoWave Institute
  2. Stocks, Commodities, Gold, FX
  3. To Zoe_H
  4. Gold
  5. Boon vs Robert Prechter
  6. Boon vs Robert Prechter, Part II
  7. Boon vs Robert Prechter, Part III
  8. Boon vs Robert Prechter, Part IV
  9. Boon vs Robert Prechter, Part V
  10. Boon vs Robert Prechter, Part VI
  11. Yen: Up Up UPPP!!!
  12. Yen

Related posts:

2 comments:

Anonymous said...

Dear Boon,

We see that you are very bullish on Crude Oil, Gold & Yen.

Even if you are maximum bullish, you do have a stop loss point, do you?

If you do, Where?

Or you are so bullish that you believe the only way is up?

Please enlighten.

Boon said...

Anonymous,

-- I have replied you in a post.