WD GANN: The Great Cycles of History pg 2
Gann’s comments continue . . .
“The New Dealers have sown to the wind and must reap the whirlwind. During the past 20 years they have spent and wasted all the wealth that our country has accumulated during the past 175 years.
Our Federal, State and private debts are the largest in history, and these conditions make the next few years the most critical in our history.
The man who knows TIME CYCLES can predict the future, protect his capital and make money, while those who guess will lose.
This is the time of opportunity to start to study mathematical, scientific rules for making accurate deductions to determine the trend of Stocks, Business, and Commodities.” – WD GANN from ‘Why Money Is Lost On Commodities and Stocks And How To Make Profits’, page 13.
Sounds like today’s headlines doesn’t it?
There’s truth in the Biblical saying that:
“The thing that hath been, it is that which shall be; and that which is done is that which shall be done, and there is no new thing under the sun.” – Eccl. 1:9.
There’s a comfort in knowing this once you’ve verified it’s accuracy because no one likes the unknown.
Plus, it’s good to know that times like these have been here before and passed on into history as will these.
Also, note that great fortunes are made in turbulent times because those who can’t read the cycles of History or who don’t understand market principles will be confused while those who do know these things will be able to prosper from that very confusion and act decisively while most can’t out of fear of the unknown future.
The Present seems mysterious, but, can become a familiar pattern once we lock in on the original history theme that’s repeating during our times. – George
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