Tuesday, October 20, 2015

Charles Nenner: War Cycles Escalating Into 2021 | DJIA Down To 5,000

"We are going to be in for a very negative deflationary crisis. It doesn’t mean the stock
market is going to collapse now. It’s going to be the end of 2017. It’s one and a half years
away. I think we could rally before the end of the year, but it will be a catastrophe in 2017.
The Dow is going to 5,000 [...] by 2021. If you are not safe before 2017, you can lose
everything you have [...] There will be civil war in Europe.” (HERE also HERE + HERE + HERE)
Charles Nenner, founder and president of Charles Nenner Research Center, is a trained medical doctor. Nenner decided to switch to financial analysis at Goldman, Sachs & Co. in London after finding he disagreed with prevailing explanations for stock market movements. He began to dig into decades’ worth of data to identify the underlying forces and patterns that he believes move markets beyond the usual traditional explanations. In 2010 and 2011, Charles Nenner predicted that the Dow Jones Industrial Average would fall to 5,000 in 2013, which ended up being completely wrong; however, maybe he just forgot to add that he thought the market would start to fall in 2013 when his cycles peaked. He actually told Bloomberg TV on March 4, 2013 that the current up-cycle would peak in 2013 and the Dow would fall to 5,000 by 2017-2018, which made more sense because the sunspot cycle was set to peak in 2013. The smoothed monthly sunspot number peaked in December 2013 and the observed monthly sunspot number peaked February in 2014. So Nenner was a few months off on his sunspot prediction.