Wednesday, December 7, 2011

Current Period Is Very Similar to 1929 to 1933; Big Deflation Coming in the Next 4 to 5 Years

All indicators agree: this has been a bear market rally. Big deflation coming in the next 4 to 5 years. There is another wave down coming, a big storm coming our way. The current period is very similar to 1929 to 1933, says Robert Prechter, founder and president of Elliott Wave International. Watch:

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