The golden age of Prechter...

The only question is, how long will it last? This blog holds that he is generally wrong about gold and has been for years. It also holds that he becomes very right on occasion and during those phases people should take very much of his advice. But at some point during the infrequent 'Prechter is right' cycles, our greatest opportunities - as precious metals investors and/or speculators, anyway - come about.

Anyway, Bob showed up on Yahoo's Tech Ticker - and who knows what other mainstream outlets - in a sure sign of impending rally.

Prechter on Yahoo! Finance: "On Schedule for a Very, Very Long Bear Market"

Robert Prechter discussed the recent global sell-off that has sent all major
U.S. averages 10% below their 2010 highs with Yahoo! Finance Tech Ticker host
Aaron Task on May 20, 2010. Prechter says that the current climate shows that "we're
in a wave of recognition" where the fundamentals are catching up to the
technicals and that it's time to prepare for a "long way down."

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