Charles Nenner

Who is he? He has worked for Goldman Sachs for several years and now he is running his own market forecasts company.

I have heard about him in the mad hedge fund trader, who is subscribed to his service and talks very well about his ability to make some great calls.

In his web: www.charlesnenner.com, you can see and read some of them. I use to search for some interview to him every some time.

A compilation of the main ideas explained in the last one I found:

- Gold will go to 2300$ in two or two and a half year. Silver can return to 50$

- Stocks weakness into the second half of the year, followed by a rally before year end. He expects a big decline over the next 24-30 month. He estimates a low in the Dow Jones of about 5000 points!!!!

- Negative on oil, natural gas and cooper. Only agricultural commodities can move up hard until 2014.

- He sees a near bottom in the dolar coming.

And that are the big lines of his thinking! We will see if he is correct…