Puzzle,

You crack me up- love the passion. I'm unsure that gold would perform better than treasuries in a deflation, but I also don't think it would fall as far as Prechter states. Once you reach the conclusion that gold is not in a corrective wave, but in an impulse, he should throw away his counts and start with new ones. I can't respect anyone who permits their ego to get in the way of their technical view.

Puzzle, just wondering what your opinion is on how far a B wave can exceed the prior wave's high before it's no longer valid? That's where I'm at with his gold count right now.