{"id":29171,"date":"2017-12-27T12:51:01","date_gmt":"2017-12-27T17:51:01","guid":{"rendered":"http:\/\/olduvai.ca\/?p=29171"},"modified":"2017-12-27T12:51:01","modified_gmt":"2017-12-27T17:51:01","slug":"the-ghost-of-gann-another-crash-is-coming","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=29171","title":{"rendered":"The ghost of Gann: Another crash is coming"},"content":{"rendered":"
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The ghost of Gann: Another crash is coming<\/a><\/h3>\n<\/div>\n<\/header>\n<\/div>\n
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The original wizard of Wall Street, W.D Gann was a finance trader and wealthy speculator that spent decades investigating cyclical trends in equity market patterns and found that prices could be predicted long in advance. He successfully predicted the crashes in the 1929 and Dot-Com stock market bubbles.\u00a0 And according to his analysis, the US stock market is due for another crash in 2020.<\/em><\/p>\n

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Every movement in the market is the result of a natural law and of a Cause which exists long before the Effect takes place and can be determined years in advance. The future is but a repetition of the past, as the Bible plainly states\u2026<\/a><\/figcaption><\/figure>\n

After suffering through the worst economic and financial crisis since the 1930s depression when the real estate and stock markets crashed in 2007, the United States\u2019 bubble economy is back into full swing. Residential and commercial real estate prices are growing strongly, along with equities.<\/p>\n

The US stock market, as defined by the S&P500 index, has boomed after collapsing to a trough in 2009. The market \u2018recovered\u2019 more quickly than anyone thought it would, and has continued surging from thereon in.<\/p>\n

This has led to a lot of commentary and media coverage that the S&P500 is in the thrall of yet another bubble that will burst. Despite the many predictions of collapse, the bubble has powered on unhindered.<\/p>\n

Like all asset bubbles, the primary cause is speculators taking on debt to bid up prices to ever-higher levels, generating a stream of greater fools willing to purchase at inflated valuations. In the case of equities, the type of debt used is margin debt.<\/p>\n

The trends in the S&P500 index and margin debt are obvious. The name of the game is capital gains; income is increasingly sidelined as yields become compressed to record lows.<\/p>\n

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…click on the above link to read the rest of the article…<\/p>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The ghost of Gann: Another crash is coming The original wizard of Wall Street, W.D Gann was a finance trader and wealthy speculator that spent decades investigating cyclical trends in equity market patterns and found that prices could be predicted long in advance. He successfully predicted the crashes in the 1929 and Dot-Com stock market […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[17670,7195,501,17669,17447,2442,860,17671],"class_list":["post-29171","post","type-post","status-publish","format-standard","hentry","category-economics","tag-lindsay-david","tag-market-bubble","tag-market-crash","tag-philip-soos","tag-renegade-inc","tag-us-stock-market","tag-wall-street","tag-wd-gann"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/29171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29171"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/29171\/revisions"}],"predecessor-version":[{"id":29172,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/29171\/revisions\/29172"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}