Does anyone have any information on the newsletter by Edelson? He expects the world financial markets will all crash this next year, and sites the Economist Edward Dewey who discovered the economic cycles that reoccur every 20 to 50 years.
Does he have any record of success in his predictions. He claims a lot.
DFree
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Another “free report” for only $49
I’m a subscriber to Real Wealth Report & Super-Cycle Trader for about 3 months. So far, Larry had been reasonably accurate with his recommendations. As an example, he reco’d DWTI and I gained over $800 in 2 days. He reco’d taking profits and I did, but had I stayed with the trade another 2 days, I would have gained another $800. Now, I/we can criticize closing the trade too early, but who is gong to argue with an $800 profit in 48 hours?
The point here is no one is a magician, calling every trade for maximum profit. Larry will undoubtedly score a few misses and close some trades too early or for a modest loss – who doesn’t? What I’m most impressed with is Larry’ calls on Gold & Silver. He’s been pretty “spot on” and gives a reasoned explanation of his strategy and freely admits he’s not always right.
Time will tell if these services are as solid as advertised, but in the 3 months I’ve been a member, I’m extremely satisfied with Larry Edelson. He is very deliberate with his recommendations and his strong insistence on placing specified stop losses. The services are not cheap by any means, but neither is the guidance. Way better than the usual hype coming from so many market pundits who promise the Moon and deliver “Nada”.