Interviews with Glenn Neely

November 2008

Glenn Neely reviews Gold market forecasts and reveals anticipated multi-year deflationary period

November 2008 interview with Glenn Neely

In this audio interview, Glenn Neely reviews his money-making Gold market forecasts and explains how Gold’s activity led to his prediction of a 4- to 6-year deflationary environment

Click to hear Glenn Neely's 27-minute interview, recorded on November 19, 2008

click to download audio

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In early 2008, many investors and analysts were predicting Gold would soar to $1500 or even $2000 an ounce and, simultaneously, the U.S. economy would continue on its decades-long inflationary path. For Glenn Neely, the 2007/2008 Gold market elicited some of his most dramatic and accurate forecasts.

Neely publicly made these 3 startling predictions, centered on the cash Gold market:
  1. During July/August 2007, when Gold bottomed near $650 an ounce, Glenn called for a $200 rally before year-end. Just 3 months later, Gold peaked at $847.60 an ounce on November 9. Recently, Timer Digest recognized Glenn Neely’s NEoWave Gold Trading service as the most profitable service of its kind in the United States between October 24, 2007, and October 24, 2008.
  2. Prior to the March 17, 2008, historic peak in Gold, NEoWave patterns enabled Glenn to anticipate and publicly announce the imminent conclusion of Gold’s bull market, the start of a bear market, and the beginning of an unprecedented, 4- to 6-year deflationary period.
  3. Contrary to wildly bullish forecasts of the time, Glenn turned adamantly bearish just 4 days after the March 2008 all-time high of $1048 (basis Dec. futures). At the same time, he confirmed to subscribers the 4- to 6-year bear market had begun (which he had long anticipated) and, shockingly, he predicted Gold would break $500 an ounce by 2012. In just 6 months, Gold dropped $367 off its historic high, recently bottoming at $681 – a 35% decline.
Hear Glenn Neely review his 2007/2008 money-making Gold market forecasts and his prediction of a long-term deflationary environment in an interview with Ike Iossif, owner of Aegean Financial Research & Analysis and host of Marketviews with Ike Iossif & Friends.

Click to hear Glenn Neely's 27-minute interview, recorded on November 19, 2008

click to download audio