Charles Nenner: "We're Totally Out Of Stocks, What's Coming Is Big"

Authored by Greg Hunter via USAWatchdog.com,

Renowned geopolitical and financial cycle expert Charles Nenner says forget what the mainstream media talking heads are telling you about this market.

Nenner says, “When unemployment is low, it’s the end of the bull market.  Last Sunday, I published a chart that shows every time the unemployment is around 4.1% or 4.2%, and you can see this in 1973, 1987, 1990 and 2007, and you can go on and on, and now, also, you have a market crash.  I find it amazing that people can come on television and say things that are totally wrong factually, and you can prove it is wrong.”

So, Charles Nenner is calling a top right now, but the market is not going to go straight down. Market tops are a process.  Nenner explains,

“The cycles saw a market top.  It doesn’t always have to come down immediately, it just means the market will not go higher.  I don’t think we will go back to the highs one more time because the quarterly cycle, and it is a long cycle, did top at the end of last year.  I also want to put in a caveat about all this talk that we are in a 10% correction.  Somebody came up with 10%, and it is not based on anything...

The fact is we are totally out of stocks.  What is coming is big, but market tops take time.  I don’t think it’s going to go down immediately.”

When will this new bear market hit bottom? Nenner says,

We should hit a major low in 2020... I have been on record saying that the next bear market goes down to 5,000.  If you are in stocks, I say you could lose everything if the DOW goes to 5,000.  This is the price target I have had for a couple of years.”

What does Nenner think you should buy for protection? Nenner says,

You buy gold because nothing else is going to keep its value.  Gold is going, as I have said for a long time, to $2,500 (per ounce) at least.  Again, you buy gold because nothing else will keep its value. 

Stocks can go down, you can get stuck with some losses in the bond market, the housing market will go down based on homebuilder stocks and the financial system can scare you.  So, what is left? Buy gold.”

Join Greg Hunter as he goes One-on-One with financial expert Charles Nenner of the Charles Nenner Research Center.

(To Donate to USAWatchdog.com Click Here)

After the Interview: 

Charles Nenner points out if you look back every year that ended in the number 7, it was a market top year. He said, “2017 will follow the same pattern as 2007, 1997, 1987, 1977, 1967, 1957, 1947 and 1937.”  Nenner contends 1927 was supposed to be a market top year, but things got distorted and it was pushed off until 1929.

Nenner predicts the next market crash will not be quite as bad as 1929, but it will be bad.

There is free information and videos on CharlesNenner.com. To sign up for a free trial of Nenner’s detailed analysis, click here.

Comments

philipat stizazz Sat, 03/03/2018 - 01:37 Permalink

Hey stizzaz, are you starting to resurrect some of your earlier personas such as evoila. Still, you have plenty to choose from:

bobcatz, loebster, ergatz, armada, Mtnrunnr, Anonymous, luky luke, Cjgipper, winged, moimeme, macki mack, tchubby, sincerely_yours, HillaryOdor, winged, lexxus, kavlar, lhomme, letsit, tazs, techies-r-us, stizazz, lock-stock, beauticelli, Mano-A-Mano, mofio, santafe, Aristotle of Greece, Gargoyle, bleu, oops, lance-a-lot, Loftie, toro, Yippee Kiyay, lonnng, Nekoti, SumTing Wong, King Tut, Adullam, evoila, rp2016, Holy hand grenade of Antioch, One of these is not like the others,

And about 30 other suspected logins, slowly being “upgraded” to the above list.

In reply to by stizazz

philipat StychoKiller Sat, 03/03/2018 - 20:32 Permalink

Firstly, my i original gripe with this clown was that he was using FAKE URL's to redirect to his "Biblicism Institute" site. That was when I collected a lot of this material. He since stopped using this technique.

It's not a precise science and if I revealed how I build a picture of a serial spammer I would be giving the game away. Because it isn't precise, and because ZH offers no assistance, I'm always pleased to make corrections to the "List of shame" and will delete "Holy Handgrenade of antioch" accordingly. The other names on my "watchlist"?:

In The Land Of The Blind
Infocat
jcaz
bamawatson
evildimensions
JRobby
ddk underground
yogibear
Il Dottore
turnball the banker
Life of Illusion
abyssinian
malcolmevans
espirit
totenkopf88
BullyDog

Would appreciate any assistance in eliminating these candidates for the List of infamy.

In reply to by StychoKiller

Albertarocks IH8OBAMA Fri, 03/02/2018 - 22:50 Permalink

"H8OBAMA topspinslicer Fri, 03/02/2018 - 20:47 Permalink

"Renowned geopolitical and financial cycle expert Charles Nenner"

Who?"

 

Well my guess is that you've never heard of Charles Nenner because you get your financial news from the TeeVee.  I've listened to what Nenner has to say for 15 years.  I don't act on what he says, I act on what my own charts tell me to do.  In any case, they used to interview him on the business channels but they don't anymore because he tells the truth.  The same reason we never see Peter Schiff on MSNBC anymore.  Guys like those two, who just tell the truth about the dangers they see in the markets are an absolute taboo on the business networks.  They are exactly the type of people American investors need to hear, and that's exactly why they are hidden away... muffled... so guys like you never hear any proper advice.

In reply to by IH8OBAMA

Albertarocks Peterk_kk Sat, 03/03/2018 - 11:50 Permalink

Yeah, both him and Peter Schiff.  That's why the two of them are as wealthy as they are, they're both monumental failures.  Those two fools put their own money where their mouth is, yet somehow both of them have become pretty well off.  Both of them... monumental failures.  Same deal with losers like Doug Casey, Eric Sprott and Keith Neumeyer, constantly warning the investment public about doom just around the next bend.  And what has that got 'em?  Oh, about a billion dollars each.  Monumental failures, all of them.

In reply to by Peterk_kk

DillyDilly Justin Case Sat, 03/03/2018 - 07:46 Permalink

So just a simple logical question tree:

 

1. if people want to get out of stocks

2. and want to get out of the dollar

3. and yet, central banks still want to manipulate the price of gold & silver (or, as you say, "you'll ve lucky to pick up any at all)

 

why wouldn't they, at least consider BTC? I'm not saying that that's what they'll do. But your logic stream purposefully omits that as an option due to some apparent bias.

In reply to by Justin Case