Charles Nenner: Long-Term Gold Has Yet to Bottom

Goldseek Radio, Released on 10/23/23

Nenner says that with the inflation and Ukraine situations ongoing already for a while, it’s hard to pin gold’s recent upside performance to those circumstances. He says gold is in a short-term upwards cycle that could easily go to 2000 before seeing some weakness. Nenner believes the long-term cycle in gold hasn’t bottomed yet.

– The abrupt rate hike cycle is indicative of increased uncertainty/risk in the bond market.
– Dr. Nenner outlines his market prediction methodology.
– The gold cycle continues to improve along with silver in the near-term.
– Crude oil, black-gold could be seen finding a bottom, continuing the bull market.
– Dr. Nenner reviews the Bitcoin sector.
– Thoughts and prayers to everyone in the troubled Middle East.

Charles Nenner founded, and is president of, the Charles Nenner Research Center. Mr. Nenner has provided his independent market research to the following entities all over the world: hedge funds, banks, brokerage firms, family offices, and individual clients. Mr. Nenner worked for Goldman, Sachs & Co in NY, from 2001 to 2008. Before that time, Mr. Nenner worked exclusively for Goldman, Sachs & Co. in London, where he served as a technical analyst for Goldman’s fixed income trading group from 1998 to 2001. From 1997 to 1998, he served as the head of trading research at Rabobank International, and from 1992 to 1994, he was head of Market Timing at Ofek Securities in Tel Aviv. Mr. Nenner initiated a system of pattern forecasting and securities analysis, and developed a computer program which takes many indicators into account, including Mr. Nenner’s use of proprietary cycle analysis.

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