{"id":32943,"date":"2012-10-15T11:49:11","date_gmt":"2012-10-15T15:49:11","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=32943"},"modified":"2012-10-15T11:49:11","modified_gmt":"2012-10-15T15:49:11","slug":"the-financial-tsunami-headed-to-shore-has-been-building-for-80-years","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/10\/15\/the-financial-tsunami-headed-to-shore-has-been-building-for-80-years\/","title":{"rendered":"The Financial Tsunami Headed To Shore Has Been Building for 80 Years"},"content":{"rendered":"

The size of the wave will surprise most everyone <\/span>
\n October, 2012 <\/span><\/h3>\n

By Elliott Wave International<\/span><\/h3>\n

If you’re a passenger aboard a ship in deep water, you can’t detect a tsunami; the swells are indistinguishable from regular ocean waves. Wave lengths can be hundreds of miles long, but only when this energy reaches shallow water does the mammoth tsunami wall form — and can wash over anything in its path.<\/p>\n

So when forecasters warn “Move to higher ground!” it’s not wise to think, “Until I see the tsunami, I won’t believe it’s coming.” Once it’s visible, it’s probably too late.<\/p>\n

It’s equally unwise to ignore signs of a financial<\/em> tsunami.<\/p>\n

Investors who wait … before acting will be too late. We have to anticipate developments, and the only way we can do that is to use tools that reveal signs of approaching trend change.<\/p><\/blockquote>\n

The Elliott Wave Theorist<\/em>, March 2012<\/p>\n

The most famous financial tsunami in modern history occurred in 1929-32. Almost no one saw it coming.<\/strong> For example, the observation below was made shortly before the 1929 Crash.<\/p>\n

Stock prices have reached what looks like a permanently high plateau.<\/p><\/blockquote>\n

Yale Professor Irving Fisher, Oct. 1929<\/p>\n

Other prominent people did not see the signs of economic trend change that led to the 1929-32 deflationary crash.<\/p>\n

Fast forward to this July 18, 2012, CNBC headline:<\/p>\n

Fed’s Bernanke: ‘We Don’t See a Double-Dip Recession’<\/p><\/blockquote>\n

When reading such comments, one might ask, “Is history repeating itself?”<\/p>\n

Elliott Wave International believes only a relative few suspect the magnitude of the approaching economic wave, including the world’s financial authorities<\/em>.<\/p>\n

This largely undetected financial tsunami has been silently traveling for at least 80 years. Once ashore, the outcome may rival 1929-32.<\/p>\n

A detailed description of that wave and its expected effects is in the bestseller, Conquer the Crash<\/em>, now in its second edition.<\/p>\n

Moreover, the book tells you how to be prepared<\/strong>. For a limited time, you can get part of Conquer the Crash<\/em> for free<\/strong>. See below for more details.<\/p>\n

 <\/p>\n\n\n\n
\"\"<\/a><\/td>\n8 Chapters of Conquer the Crash<\/em> — FREE<\/strong>This free, 42-page report can help you prepare for your financial future. You’ll get valuable lessons on what to do with your pension plan, what to do if you run a business, how to handle calling in loans and paying off debt and so much more.<\/p>\n

Get Your FREE 8-Lesson “Conquer the Crash Collection” Now >><\/strong><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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 <\/p>\n

This article was syndicated by Elliott Wave International and was originally published under the headline The Financial Tsunami Headed To Shore Has Been Building for 80 Years<\/strong><\/a>. EWI is the world’s largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.<\/em><\/p>\n

 <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The size of the wave will surprise most everyone October, 2012 By Elliott Wave International If you’re a passenger aboard a ship in deep water, you can’t detect a tsunami; the swells are indistinguishable from regular ocean waves. Wave lengths can be hundreds of miles long, but only when this energy reaches shallow water does … <\/p>\n

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