Predictive technical analysis for commodity and stock market analysis was used since 1998 for KLSE, Nikkei, rubber, palm oil, wheat, gold, silver price trend predictions and even to determine the bottom of the NYSE in 2009. Using this predictive technical analysis, Dr. Peter Achutha, has forecasted that the price of gold will peak at US$4,000 per ounce by 2016. A technical analysis of silver was published in July 2011, on his website http://www.drpetersnews.com/
This is a new approach to commodity and stock market analysis is able to generate a forecast or prediction of market trends a few months and even a few years into the future. It is becoming an Alternative Theory of Economics. This theory was used to pin point the stock market tops and bottoms quite successfully. In fact the stock market analysis can be carried out for individual stocks or for the Composite Index of any stock exchange in the world and for any commodity.
You can create your own NYSE, FTSE, Nikkei, ... Brent crude, silver, gold... predictive technical analysis chart. Dr. Peter Achutha is carrying out a soft launch of his book "Market Theories & Predicting the Stock Market by Visual Inspection" ISBN 978-983-44525-
Dr. Peter Achutha is a Computer Engineer and after the 18 years of research, modelling and developing these predictive technical analysis methods, was awarded a Doctorate in Economics for his foundational work on market movements.
A word from Dr. Peter Achutha, "The private sector in UK, USA and Europe must begin re-investing in themselves as soon as possible for strong economic recovery and economic growth. Invest in yourselves. As the price of gold climbs, the cost of investments will climb too. Commodities, land, factory, houses, business operations, energy, fuel - petrol /gas will begin to climb. Don't wait too long. I wanted to start a rubber recycling factory in 1999 at an estimated cost of RM2M (US$700k), in 2006 the estimated cost was RM6M (US$2M). Today, in 2011, the estimated cost is RM15M (US$5M). Similarly, the cost of investment will increase in UK, USA and Europe as a major part of costs are determined by the globalization of markets. You will find that if you could invest in two or three factories or businesses today, by tomorrow that cash in the bank will only allow you to invest in one or half a factory or business. Cutting cost by reducing head count will cause diminishing indirect and direct final demand for your goods and services".
His company, Peter Publishing, does intend to come out with more commodity and stock market analysis charts based upon their proprietary technical analysis methods. They have technical analysis charts for silver and gold and have written on many market and investment related topics. Their website, http://www.drpetersnews.com, covers a wide range of topics including several topics on property bubbles, hyperinflation, inflation, real estate, a gold price chart, a silver price chart and many topics on economics, finance, investments. They are covering topics on predictive technical analysis and commodity and stock market analysis based on this alternative theory of economics.
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Peter Publishing is an e-commerce business involved in publishing investment, finance, economics, real estate related articles at their website at http://www.drpetersnews.com