GOLD: Not the "Safe Haven" You Think It Is

Here's One Good Thing About Deflation
It's Called a Bull Market in Cash

Talk about deflationary spirals on NPR? Get the low-down from the forecaster who first wrote about a deflationary crash.

Markets Dive. What Do You Do NOW?
Protecting yourself from this crisis begins with the right information.

The $700 Billion Dollar Question
Is the U.S. in a better position to weather the global downturn?

Global deflation means global recession. Still, come to think of it, as bad as it may get in the U.S., our financial, service and industrial diversifications would probably make the U.S. dollar and equities a good bet, on a relative strength basis.

Where Is a Good Investment Banker When You Need One?
Saving taxpayer money seems prudent right now, as the number of those in the bailout line is growing.

The Wachovia board gave Citibank the shaft, and now Citibank is crying tortuous interference. Good luck with that one. With all that has gone on the past several weeks, is there really a judge out there who will force Wachovia to re-enter a buyout that leaves taxpayers vulnerable to potentially billions in losses and leaves bondholders out in the cold? More...

I Wish The Answers Were Here
Deflation is here and everybody knows it – even those who don’t yet call it by its name

Whether in my job as Elliott Wave International’s Senior Bonds Analyst or in these essays, I enjoy writing with a slightly cynical, tongue-in-cheek style. I believe that most of the time, humor is the best thing to get you out of a bad situation. However, there are certain times when a more sober assessment is needed. Deflation is here and everybody knows it – even those who don’t yet call it by its name. Here's what it means for all of us...

(NEW Prechter Video) What Were You Watching at Dow 14,000?
Prechter’s October 19, 2007 Bloomberg interview was more than a 20th anniversary special.

A Special Video Issue of Robert Prechter's Elliott Wave Theorist is online now. But, before you watch his updated insights, please watch and read a few selections from Prechter's Oct. 19, 2007 Elliott Wave Theorist and Bloomberg TV interview on that day.

Credit Crisis: The “Naked” Truth
The Central Bank of banks utters the “D” word: Deflation

Is Gold REALLY a Safe Haven in Recessions?
With claims like these, we at EWI always do the same thing: We look at the data.

"Gold always goes up in recessions and depressions." Is it true? Should you own gold because you think the economy is tanking? Whenever we hear some claim like this, we always do the same thing: We look at the data. The results speak for themselves...

10 More Years of Higher Food Prices, or Deflation Instead?

A report by two international organizations says that food prices should remain high for the next 10 years. But in EWI's contrarian view, the louder the hue and cry about food and energy prices, the more reason to believe that the trend will end and become deflationary instead.

Nikkei: In The Mood For Love?

What's a good way to gauge sentiment surrounding a financial market? Try, the cover of popular magazines. And, in the last twenty-year history of Japan's Nikkei Average, the reliability of the "Magazine Cover" indicator has been phenomenal...

Deflation's Effect on Real Estate, Bonds, and the Dollar

At what point might the economy deteriorate so substantially that its condition and trend are no longer bullish for bonds, but bearish? And what about the dollar?

The REAL "First Big Book on the Credit Crunch"
After the Fact Acclaim: Irony Speaks for Itself

Yesterday I said that the Economist magazine had just published a favorable review of a book about the housing market crisis. The author is a respected financial journalist, and a thumbs up from a publication like the Economist suggests a book that deserves to be taken seriously. But consider these other quotes, specifically the "who" & "when" behind them...

Why Deflation Will Carry the Day for the U.S. Economy

Businesses seem to be caught between the Scylla and Charybdis of rising costs and thriftier consumers. We call it by its real name here: DEFLATION.

How Low Can Wal-Mart's "Lower Prices" Go?
Fear of Recession Lures Shoppers

Some analysts point out that during recessions, people often trade down from the stores they normally shop at. By that token, as Target loses sales, Wal-Mart and wholesalers like Costco gain sales.But the question may become, where will cash-strapped consumers go to buy their goods when they can't even afford Wal-Mart's usual low prices?

Does This Bear Have Legs?
Hibernation may be over...

It looks like a bear. We act like it's a bear. After a succession of booms and busts, this could finally be a Bear With Legs. Consider these reasons why...