You’ve probably never heard of urban planner and economist Roy Wenzlick.
Few professional investors have either. But in 1933, Wenzlick produced some very interesting statistics. He proved up an identifiable and clear property cycle.
He used the stats in 1936 to forecast an end to the then ongoing US depression and eventual recovery in US real-estate, then went on and used the cycle knowledge to forecast a huge boom beginning after 1955. His subscribers made fortunes.
Many retired early.
It’s information that – incredibly – was soon forgotten. Or has it been deliberately hidden?
The current economic crisis is nothing new. We’ve seen it all before. I described this in the 1990’s in the shape of an investment clock:
Source: Property Share Market Economics
Uninformed investors will continue to blindly follow all the bad news ‘emotional’ headlines that will be common this year and next (2020 and 2021). They’ll wander from decision to emotional decision or worse, do nothing, and remain paralyzed with fear and indecision.
But the real estate cycle really is a cycle, and it does follow a repeatable pattern.
Roy Wenzlick wasn’t the first to write about this regular property cycle. The legendary Wall Street trader W.D. Gann was, probably, way back in 1909.
Gann gave this property cycle discovery a great name. He also called it his greatest ever discovery. He looked at it just like a clock too, or timetable of sorts.
Gann applied this cycle to the stock market in his own unique style. Unbelievably, Gann used the information to forecast the 1914 stock market low, the recovery into 1919, the 1921 recession, the late 1920’s speculative fever.
(Gann is reported to have made US$ 50 million in his lifetime, but no one really knows for sure. We do know, however, that he was the first ever American to own his own aircraft, flown for him for many years whenever he wanted to go somewhere, by world famous aviatrix Elinor Smith.)
Your PSE writers know how Gann did this. And so can you too.
In fact, we have a full time trader of 15 years joining the team soon.
Watch this space when we launch the details.
We used the timetable to call the top in the US markets early this year, years in advance. And we also knew 2020 would be a ‘panic’ year, as Gann himself would have known.
Economist Homer Hoyt, writing at the same time as Wenzlick, but this time using data from the city where he lived, Chicago, also saw the regular movement of the property cycle, but then dismissed it as a phenomenon only likely to ever appear in the early development of major cities.
Fred Harrison wrote his first book, The Power in the Land, in 1983 using the same information and accurately forecast the UK 1991 recession 7 years in advance.
The UK elite buried the book. It’s very hard to get now.
The cycle is still in existence and working better than ever. We used it to great effect to forecast, to the year, the recent top of the cycle, then the inevitable bust. Going forward, we can use this same information, combined with a proper reading of the stock market, to determine exactly where we are in the cycle now, and what will happen next.
For more information you can find it here.
and your Property Share Market Economics team.