{"id":228019,"date":"2010-01-25T15:31:00","date_gmt":"2010-01-25T20:31:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/prechter-gold-to-fall-40-from-here-2010-1"},"modified":"2010-01-25T15:31:00","modified_gmt":"2010-01-25T20:31:00","slug":"prechter-gold-to-fall-40-from-here","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/228019","title":{"rendered":"Prechter: Gold To Fall 40% From Here"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/4b0b2c9f000000000089fde4-286-214\/robert-prechter.jpg\" border=\"0\" alt=\"robert prechter\" width=\"286\" height=\"214\" \/><\/p>\n<p>Elliot Wave maven Robert Prechter is usually a dollar bull (despite being a gloomer), and as such he usually dislikes gold.<\/p>\n<p>According to <a href=\"http:\/\/www.forexyard.com\/en\/news\/PRECIOGold-rises-on-renewed-buying-but-investors-wary-2010-01-25T200601Z-US\">Reuters<\/a>, Prechter is out with a new call on gold. Specifically, he expects it to fall 40%, saying the metal &#8220;is over-owned and overvalued and is about to resume a bear market, if [it] hasn&#8217;t already.&#8221;<\/p>\n<p><strong>Bonus: <a href=\"http:\/\/www.businessinsider.com\/are-you-ready-for-17-new-taxes-2010-1#cell-phone-tax-1\">23 new taxes being proposed by Obama &gt;<\/a><\/strong><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/prechter-gold-to-fall-40-from-here-2010-1#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/global-investors-are-favoring-platinum-over-gold-2010-1\">Global Investors Turn Platinum Over Gold<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/david-einhorns-q4-letter-to-investors-2010-1\">David Einhorn Killed It In 2009, Made Huge Gains From CIT, And Is Still Bullish On Gold<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/market-jitters-have-hammered-the-gold-bugs-2010-1\">Market Jitters Have HAMMERED The Gold Bugs<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/TbKXoTQwBLs\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elliot Wave maven Robert Prechter is usually a dollar bull (despite being a gloomer), and as such he usually dislikes gold. According to Reuters, Prechter is out with a new call on gold. Specifically, he expects it to fall 40%, saying the metal &#8220;is over-owned and overvalued and is about to resume a bear market, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-228019","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/228019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=228019"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/228019\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=228019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=228019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=228019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}