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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: treetopflier who wrote (22273)	10/26/1998 10:21:00 AM
From: E. Charters	Read Replies (1) \| Respond to of 116798

Elliott is out of Fourier and Kondratieff. Kondratieff is Russkie, circa 1890 who charted waves of sugar, gold, silver wheat and other economic indicators, combined them and found a 55 year to 70 year cycle corresponding to the distance between a man's working life and depressions. The wave was later used by Elliott, the computer used to compile it and reasonable economic prediction were had. You need good data and correlative analysis can be used as well to produce the critical factors. But where can you get all this historic data in digital form? You can ignore interest rates and use inflated dollars to generate the waves as that factor is what you are measuring in part. But it would be interesting to subtract the inflation rate and subtract the interest rate and see what you get. Perhaps we are in a depression and we don't know it. Actual prices on every commodity including the hour rate might be lower than they were 20 years ago. Theoretically the depression hit in 1987 and we are on the way out. Devaluation is not necessarily hard times. If that takes place then it (depression) has hit now. I would say if it repeats 1929 then the stock market deflation will take 2 years and the DOW will hit 3,000. PRobably where it should be, judging by the under/un employment rate, the homeless and real disposable income. orb.vianet.on.ca Mr. Gloom. EC<:-}