Mike Norman, Hard Assets Investor (Norman): Hello
everybody, and welcome to HardAssetsInvestor. I'm Mike Norman, your
host. Today my guest is David Gurwitz, who's the managing director of
Charles Nenner Research. Happy to have you here.
David Gurwitz, managing director, Charles Nenner Research (Gurwitz): Nice to meet you. And thanks for having me.
Norman:
You guys made a terrific call in gold a couple of years ago when your
research, and the algorithms that you used, called the top at $1,900. So
I'm very curious to hear what you have to say about gold now, as well
as some of these other markets.
Gurwitz:
Great. First let me tell you how it works, and then gold happens to be a
specific category that fits in with everything else. Cycles come from
the Greek word "circle." And what we do is we take any data series and
find basically repeating top-to-tops. I'll give you an example. In
baseball, to hit for the cycle, you have to have a single, double,
triple and homer. People think of the nine-year cycle. (more)
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