Charles Nenner

[tsptalk]

I thought old Charlie needed his own thread.

http://charlesnenner.com/

 

[tsptalk]

Technical Analyst Charles Nenner Predicts the Market May Crash in April

"Bottom line: A second deflationary tidal wave may hit the US as early as April. The Dow could crash, possibly heading for a double bottom at 6,000, and bonds could go up for the rest of the year."

More

 

[JTH]

Thanks Tom, here's a link to listen to the interview.

http://www.madhedgefundtrader.biz/Charles_Nenner_03_11_201.html

 

[Bullitt]

Our guest Charles Nenner, a technical analyst and cycle watcher, sees more downside risk for oil to the $75.50/barrel level, and forecasts crude will be weak for the remainder of 2010.

http://finance.yahoo.com/tech-ticke...nd-gold,-charles-nenner-says-yftt_470894.html

 

[Bullitt]

Was on bloomberg radio yesterday.

 

[tsptalk]

Nenner's predictions from an early April 2010 interview. Not too bad so far...

 

[Bullitt]

Small right shoulder and large right shoulder forming in the DJIA. Nenner called the top to occur in August.

A few days old, but he's calling for Dow 5,000.

http://www.futuresportal.com/charles-nenner-dow-5000/

 

[Birchtree]

I know he's only kidding.

 

[law87]

http://www.youtube.com/watch?v=7k4X7ifY-PQ

scary

 

[Bullitt]

Nenner called a cyclical low in gold to occur in July-September 2013.

They are now looking for a bottom between now and September 2013 after we get through a minor top in mid July 2013. Gold will start up slowly but should return to the old high within the next 2-3 years.

What Is Charles Nenner, Godfather Of Cycles, Now Predicting For Gold & Other Markets? - Robert Edwards - Seeking Alpha



Looks like that low is getting a retest. Will it hold?

 

[Bullitt]

"Now we're in a correction that will take until the middle of February, and then from there we go up again," as price-earnings ratios expand, he told Newsmax TV in an exclusive interview. "But we're going to make a major top this year, and we're going to get in trouble."

Meanwhile, commodities are in a bear market, he says. Nenner sees gold hitting a major low in July and then turning into a good buying opportunity.

Charles Nennner: Buy Gold When it Hits Bottom This Summmer

 

[Bullitt]

Interview from February 25. Agree with him on inflation. Deflation is bigger risk.

Crude oil to $36.

Gold to start accelerating in Spring, final move to $2500.

Long VIX.

GDP cycles say heading into Recession.

Inflation is not coming.

https://www.kitco.com/commentaries/2020-02-28/-2500-Gold-coming-soon-Charles-Nenner.html

 

[Bullitt]

From mid-March. Always interesting one to listen to. Video link at bottom.

I don't deal with theories, I just deal with what's going to happen --Nenner

Deutsche Bank is the canary in the coal mine? Nenner says, “Definitely. If DB goes, I don’t know what all the other banks are going to do. . . . It looks like DB can go to zero. . . . Next step is $3.90. If it goes to that, it’s finished.”

DB is just one big bank in deep financial trouble, and it’s much bigger than just DB. Nenner says, “Other banks are also down 20%. Italian banks are very important. What happened in Italy? They closed everything down. There is no fashion business anymore. There is no car business anymore. There is nothing going on. How do you think these banks are going to make it?”


Nenner says he is forecasting a banking crisis, and the tip of the iceberg is Deutsche Bank. Nenner says, “They are interconnected to all the other banks in Europe. I don’t know how the other banks can survive if this bank gets into trouble.”

https://usawatchdog.com/we-are-heading-for-a-depression-charles-nenner/

He gives some forecasts about how to handle a market rally at around 11:25.

 

[Bullitt]

Calling markets very over priced right now. Doesn't seem to be a fan of bitcoin, seems to like physical gold. Not much insight into his cycles work.

 

[Bullitt]

Always entertaining, and this one doesn't disappoint. Talk of Bitcoin at 18:00 for those interested. "Bitcoin is all cycles, that makes it very predictable.... Very few people can tell you where bitcoin will be next week, and the highs and the lows, therefore we don't really have any competition."

https://soundcloud.com/user-1993571...lifestyle-advocates-radio-w-dr-charles-nenner

 

[Bullitt]

The Nenner. Always good.

"You should have been out in November, but you can use the bounce in the next couple weeks to get out."

That was from 10 days ago.

The three cycles are all topping; topping just as they did in 2007. The Cycles are worse than in 2007-2008, the amount of downside in the last 4 months is the worst in 80 years; if this is the beginning, it can be a very bad time. There is a window of opportunity to sell into a bounce that appears to be imminent. Dr. Nenner recommended to exit the Bond market for the last 2 years.

 

[Bullitt]

A month old, but Nenner says the worst is still yet to come.

"The media will only invest in people who are positive, so I always have to go against the news. I'm the lone voice who says the opposite"

[Nenner] "I saw an analyst last week say he's looking for 17.5% inflation."
[Question] "Really, whats the driver on that Charles?"
[Nenner] "Everything."

 

[tsptalk]

Not that I disagree (or agree) with him, but has he ever been bullish? :laugh:

 

[Bullitt]

He seems to always be bullish gold. CNBC needs to get him on and spice things up. Always such conviction in his forecasts.

 

[Bullitt]

A bit belated, but Nenner did a podcast interview in early July with Retirement Lifestyle Advocates. Starts around the 10 minute mark.

https://retirementlifestyleadvocate...lifestyle-advocates-radio-w-dr-charles-nenner