The Next Great Bear Market Has Begun!

Dr. Robert McHugh and J. Michael Oliver, both technical analysts, are return guests on this week’s radio program.

Michael Oliver shares his latest structural and momentum findings regarding the debt, equity and precious metals markets.

Dr. McHugh shares his thoughts of July 29 when he stated “July 27th 2015’s decline below the wave (d) bottom, below 17,465, confirms the top is in and the next great Bear market has started…The top is in for the rally from 2009, for the rally from 1987, and for the rally from the 1700’s.” In other words, Robert believes we have entered an equity bear market that will be far greater than that of the 1930s and will in fact, correct all excesses since 1776. He believes we are entering a nation-changing cataclysmic event for which very few people are prepared. We asked Robert how is he so sure we face such dire times ahead and how we should prepare for troubled times ahead.

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Robert McHughRobert McHugh, Ph.D., is President and CEO of Main Line Investors, Inc., founded in 2003 to provide technical market forecasts for stock and precious metals markets, offering trading education and a Platinum trading service for subscribers interested in managing a speculative segment of their total portfolio to achieve above average returns, at technicalindicatorindex.com Dr. McHugh is the author of the soon to be published book (available October 2013), The Coming Economic Ice Age, Five Critical Steps to Survive and Prosper. Prior to 2003, Dr. McHugh was a founder and Chief Financial Officer of a regional bank in Eastern Pennsylvania, Main Street Bancorp, and President of Main Street Investment Corp. Prior to that, Dr. McHugh was Chief Financial Officer for National Penn Bancorp. His daily newsletter’ The Technical Indicator Index is a must read for everyone who watches markets closely and desires to stay ahead of the herd at every market turn.

Michael Oliver-newJ. Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Hutton’s International Commodity Division, NYC. He studied under David Johnson, head of Hutton’s Commodity Division and Chairman of the COMEX.

In the 1980’s Oliver began to develop his own momentum-based method of technical analysis. In 1987 Oliver, along with his futures client accounts (Oliver had trading POA) technically anticipated and captured the Crash. Oliver began to realize that his emergent momentum-structural-based tools should be further developed into a full analytic methodology.

In 1992 he was asked by the Financial VP and head of Wachovia Bank’s Trust Department to provide soft dollar research to Wachovia. Within a year Oliver shifted from brokerage to full-time technical research. MSA has provided its proprietary technical research services to financial and asset management clients continually since 1992. Oliver is the author of The New Libertarianism: Anarcho-Capitalism.

About Jay Taylor

Jay Taylor is editor of J Taylor's Gold, Energy & Tech Stocks newsletter. His interest in the role gold has played in U.S. monetary history led him to research gold and into analyzing and investing in junior gold shares. Currently he also hosts his own one-hour weekly radio show Turning Hard Times Into Good Times,” which features high profile guests who discuss leading economic issues of our day. The show also discusses investment opportunities primarily in the precious metals mining sector. He has been a guest on CNBC, Fox, Bloomberg and BNN and many mining conferences.