The problem with the world today is that bankers have once more gained control over virtually everything. This is what happens at the tops of these major 500 year cycles. As I’ve mentioned before, the same thing happened at the height of the Roman Empire, when Jesus upset the moneylenders in the temple. He lost his life over it. It always ends in a revolution.
Money truly becomes the root of all evil over time. But it doesn’t start out that way. The purpose of money is the put a value on good and services so that they may be “traded” between buyers and sellers as easily as possible. It was created as a tool of the population, to aid in commerce. Otherwise, trading of assets and services becomes extremely difficult.
When the money lenders get control however, it foreshadows the end of the cycle.
Money, like anything else, gets its value from its scarcity in relation to the demand for it. Just like goods and services, money becomes more valuable if there is less of it around compared to the need for it.
Therefore, control of the quantity of money in society is critical if the value is to be kept constant. In an attempt to keep the value of currency relatively constant, gold and silver were used in the very beginning. There’s only so much of these commodities on Earth and they don’t expand or contract readily. Getting enough gold or silver out of a mine to affect the overall quantity in the system is impossible.
So, gold and silver by default almost, became very attractive as a means of enabling commerce. However, it wasn’t long before the simple act of storing quantities of these precious metals developed into our current money system of fractional reserve banking. Eventually, fractional reserve banking creates inflation, which easily leads to bubbles, and in the end, class warfare.
Along the way, moneylenders invariably get the upper hand and create a system that benefits them to the detriment of everyone else. Eventually, it all comes tumbling down.
From “Modern Money Mechanics,” a free PDF publication created by the Federal Reserve Bank of Chicago.
“It started with goldsmiths. As early bankers, they initially provided safekeeping services, making a profit from vault storage fees for gold and coins deposited with them. People would redeem their “deposit receipts” whenever they needed gold or coins to purchase something, and physically take the gold or coins to the seller, who, in turn, would deposit them for safekeeping, often with the same banker. Everyone soon found that it was a lot easier simply to use the deposit receipts directly as a means of payment. These receipts, which became known as notes, were acceptable as money since whoever held them could go to the banker and exchange them for metallic money.
Then bankers discovered that they could make loans merely by giving their promises to pay, or bank notes, to borrowers. In this way, banks began to create money. More notes could be issued than the gold and coin on hand because only a portion of the notes outstanding would be presented for payment at any one time. Enough metallic money had to be kept on hand, or course, to redeem whatever volume of notes was presented for payment.”
And so fractional reserve banking was invented—a giant ponzi scheme. It’s exactly the system we have in place today.
Let’s look at an example:
The sovereign country of Wonderland has a central bank that controls its monetary system. This is the story of how they create money and get it into the system, so that the population can put it to use.
The Wonderland Central Bank purchases securities (Treasury Bills) from a securities dealer representing the Wonderland Treasury for $10,000.00 and writes a check for the $10K. This check is deposited in the dealer’s bank account in the Royal Wonder Bank. At the same time, the Wonderland Central Bank creates a reserve account credit against the Royal Wonder Bank for the reserve funds deposited in the Royal Wonder Bank. That’s simply double entry accounting.
In effect, the Wonderland Central Bank has created $10K out of thin air, which now sits as a deposit in the dealer’s account in the Royal Wonder Bank.
Since the law dictates that banks must maintain 10% reserves on any loans that they make, the Royal Wonder Bank is now free to loan out or invest up to $100K, which it endeavors to do. After all, reserves just sitting there don’t bring in any interest payments.
The bank finds willing borrowers for $70K and takes the remaining $30K and puts it in stock market investments. This creates a double entry of $100K in liabilities for the bank account deposits and investments while it creates bank assets of $100k, even though there are really no assets at all (other then the original $10,000 in reserves).
This new money has been created out of thin air and is based on the bank having 10% reserves against the loan. The loan and investment principle plus interest on the loan, as it gets paid back, is profit for the bank, as well as any realized proceeds from the investments.
As this money gets paid back, it too becomes reserves and the bank can lend out against it at ten times the value. And this multiplying effect goes on and on over time.
Now, let’s look at it from your perspective as a potential homeowner.
Let’s say you’ve saved $30,000 and have your eyes set on the perfect dream home. You go to the bank and borrow the $70,000 you need to purchase the house. You pay $30K and the $70k takes the form of a loan with 5% interest from the bank with the home as security.
Now you’re tasked with finding $70,000 to pay back the loan plus interest, which in the case of most mortgages these days will amount to doubling the amount of the mortgage itself. In other words, if you have a 25 year mortgage, you will likely end up paying at least $140,000. However, if you miss a payment, the bank has the right to foreclose on your mortgage and take possession of your home.
The bank has created money out of nothing, has effective ownership of your home, and you’ve become a debt slave. Can you think of a more unfair system?
The same process happens with governments. Based on the current system, most of the G7 countries have contracts with private banks in Europe to create money out of nothing, and loan it to the government with interest. This interest compounds of course, and these private banks have written in their contracts that the interest is to be paid back but not necessarily the principle. This creates a very lucrative arrangement that will go on in perpetuity.
Eventually the debt becomes so high that banks end up dictating government policy and it debts become impossible to pay, these countries end up privatizing their assets, and bit by bit, the banksters end up owning and running the country. That’s what’s happening in Greece.
There is absolutely no reason on Earth why these countries can’t create their own money interest-free, and create a society of prosperity and abundance for all. No reason at all. In Canada, that was exactly the case from 1938 through 1974. We only started dealing with the European banking cartel in 1974.
This system must be changed. This is the basis for the revolution that has already begun.
Projections For the End of the Rally
Above is the daily chart of ES (emini SPX futures). We’ve been in this fourth wave of the ending diagonal for 9 weeks. The second wave took 9 weeks, so the fourth wave should be nearing an end.
Usually the second and fourth waves in motive waves will be of similar magnitude (the fourth wave a bit longer) but in an ending diagonal, the waves get smaller as they move towards the termination, which is a fifth wave up to a new high, with a “throw-over” above the upper trendline. The fourth wave will always be shorter in length, but it appears that it can also be the same length in time.
Ending diagonals are triangles but they’re also part of motive waves. In fact, they’re the only triangle fitting under the banner of motive waves (as opposed to corrective waves). Ending diagonals are always the ending wave of the pattern.
Summary: This is the final fourth wave dip before the final fifth wave and the top of the largest bubble in history. We have one more wave up to a new high before the bear market gets into full swing.
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so catherine austin fitts – former secretary for HUD – and truth teller/whistleblower says that enormous sums of $$ [at last count – some 50 trillion dollars] has gone ‘missing’ over the last 30 years. just last year alone – there is a 9 trillion $$’s total missing/unaccountable hole from the military. where has it gone too [black budget funding the next generation technology/weapons?]
this amount has NEVER been officially added to ‘base’ money, and the worse part, what of the leverage added to these unaccounted trillions?
if so, the banks therefore are policy tools for the deep state having run this operation, which makes me question – “is that why they pushed so hard under bill clinton to end glass/steagal in order to ‘create’ the derivative monster – in order to ‘hide’ the looting???
the ponzi is well bigger than you and i can imagine.
and how do we know that this ponzi is coming to an end. according to fitts, Lockheed martin who is responsible for running the full “accounting” for all military expenditures [ie, hiding the 9 trillion plus missing dollars] has last month “SPUN” off its accounting division into a separate company. They are aware the truth bombs are about to ‘hit’ and they want to get as far away from the evidence as possible
I only know it’s coming to an end through the EW count. And yes, it’s way bigger than we can imagine.
Most people don’t know how money is created and the huge hold that the banksters have on the international financial system … until it breaks … and then they’ll be the hunted.
Hi Peter, I missed the webinar Navigating the Crash. Have you posted it somewhere? I can’t find it… Thanks!
It’s being held up for some reason. I don’t think the email went out. I’ll have to figure it out in the morning.
Important distinction.. Money is not the root of all evil, it is the LOVE of money that is the root of all evil.
Yes, I agree. Important distinction. Tks. 🙂
There is no fish, bird, mammal or reptile that uses money and they survive just fine. There is one creature dumb enough to use and need money and that’s man. Jesus never carried money on his person and he survived just fine Judas carried the money bag and he hung himself. We can survive just fine without money; I don’t mean a cash-less society with digital money, I mean no money period. The animals use the resources that the earth provides them and we can do the same. Get rid of money and you get rid of the bankers, crooks, drug pushers, class struggles and the list goes on and on. Money and especially the “love of money” is the root of all evil.
As per PALS its weak after 10/26,let us know your thoughts.
Phase: very bullish pre New Moon
Distance: neutral, pre Apogee
Declination: bearish early week, bullish Wed to Fri
Seasonals: bearish Tues, Wed, very bullish Thurs to Fri
Fun Fact: Wed and Thursday are the 7th lunar new moon, 27th and 28th day which are the days of market panic in 1929 and 1987.
Summary: Mixed this week with “chance” of panic on Wed. and Thurs. which I plan to buy into.
The new moon was oct 1st. +27 is 10/28. Friday 9/9 was a panic day. Add 34 td and we get 10/28. So Friday may be a big down day.
I have a tidal inversion on Saturday that may give a low Friday night, The big move will come next week.
BR32 on 6/23 gives a high 10/30. This could shift the high to Monday.
From Monday on down into 11/8. 11/18-21 is a major period to test. This will be a high and possibly the high Peter expects.
The market is turning. Once they let go the decline wil last months.
Appreciate it Andre :o)
andre – you said above “once they let go”……who is ‘they’? and are ‘they’ overtly manipulating the market rendering all cycles ‘moot’?
They is Mr Market.
The energy streams are all indicating a bad day tomorrow with a low around 2:00 pm followed by “V” shaped recovery. If you post your e-mail here I’ll spend you the streams.
Glad to see your response; missed you 😉
Tom, I find your short term and monthly energy charts very helpful! I would very much appreciate receiving your updates by email at email@example.com at your convenience. Thank you for your generosity of sharing..
I think it’s worth to follow you energy graph’s a while Tom
I trade oil, Tom . Please share me some energy charts.
interesting overnight session
the nasdaq 100 continues to lead the market.
watching the dec dow up near 18274.
i have a limit order sell short at 18268.
i don’t know if it will get high but that’s where
i m leaving the order .
a break back below 18151 may or may not be a breakdown.
to hard to say .
Something weird I see.
Yoga timing comes from vedic astro. This is 100% sun-moon timing. For months the yogas lasted 2-3 days,
From next week on the yogas last 5-15 days. Suddenly yoga starts trending. My thoery is that when yoga makes short cycles the market is consolidating and that when yoga starts trending so will the market.
Never seen this before. But is coincides with Carolan’s autumn panic and the sun conjunct the outer planet average. These are mulitmonth cycles.
Really seems something big is brewing. But is all comes purely from natural cycles; not CB intervention.
well hold on there andre,
if cycles are all encompassing – then CB’s are a part of it – so that their “intervention” happens at particular parts of cycles too! CB’s balance sheets were tiny and flat during the upswing in the cycle. now at the change of cycles, CB’s balance sheets are enormous. they are in fact “proof” of the existence of the cycle of which you speak.
what say you?
I said that before; everything is a vibration; so are CB’s. They are slaves to the rythm. That’s why they can’t control the market, despite what so many people think.
I am curious if you don’t mind sharing, as to which yogas you are referring to as Sun-Moon yogas. Are they the yogas in the Panchang, or the tithis…. as both these are usually one day each as the Sun-Moon relationship shifts through the month, so what has now changed from 2-3 days to 5-15 days. Or are these lunar standstills in the declinations cycles? thanks if you care to comment
Yoga’s are calculated by adding up lunar and solar longitude. Then multiply by 28 (I assume there are 28 lunar mansions instead of traditional vedic astrologers).
Now divide this number by 1000 and round up to the first natural number.
So this is pure natural timing based on sun and moon. And this give a huge change next weekend. Been wondering what that can be. Currently assume is is about synchronizing solar and lunar velocity.
Hope this helps.
Solarham.com shows highly elevated geomagnetics unlike last few weeks. May add some volatility to markets.
Interesting dialogue! Andre’, I appreciate your analysis! It helps everyone! I am pulling for your work to be proven correct!
PALS and my strategy:
PALS is setting up mixed this week and next. My guess is that market falls next few days and possibly next as well. Seasonals are the most positive for entire year October late month to November mid month, so I won’t be shorting for a few weeks. Moved to cash today and will buy if we get 4% or greater sell off Wed. or Thurs.. Otherwise, will wait to middle of next week to see what price is doing.
Just a word on bank lending.
It’s not the case that they lend out reserves. Nor do they need reserves to lend money into existence, most banks lend, then seek the required reserves afterwards. This article has a good explanation:
Also, were Canada to simply create its own money from thin air without banks being involved, it still wouldn’t result in Canadian prosperity. Only the production of real goods and the formation of capital can do that.
‘There is absolutely no reason on Earth why these countries can’t create their own money interest-free, and create a society of prosperity and abundance for all. No reason at all.’
If it were that easy, governments the world over would be doing it, and we’d all be sitting around having parties and holidays all of the time. But it isn’t that easy, in fact, it’s hard work and ingenuity that create national wealth, plus good laws and morals too. Printing it into existence is always tempting, but doomed to fail.
glosoli, the question that has always bugged me is WHY bother creating money via Bankers rather than by the country’s own Treasury? i.e. What is the benefit to the government/populace….irrespective of whether creating it in that manner creates prosperity or not.
Now an answer to ‘that’ question would be extremely helpful.
Afternoon purvez, how are you? How’s your mother doing, well I hope?
When is this market going to crumble?
If done with due diligence, banks would create money (credit) and advance it only to credit-worthy borrowers, with the majority for productive purposes.
We wouldn’t want governments creating credit money, as they’re not likely to choose the borrowers wisely.
As for non-credit money, you could have that system, take the power away from banks to create money, 100% reserve banking, with the government creating all money.
Then you will have bureaucrats trying to decide on the perfect amount of money to be created, and no doubt how it will be allocated, I am sure you can see the potential problems, state planning of everything generally ends in famine (see Venezuela).
You’ve read the Nexus, so you know the answer to the world’s banking/credit problems lie just around the corner, courtesy of the BIS/ECB.
Hi glasoli, mum’s fine. Thanks for asking.
Yes I agree that governments are not the best at finding ‘good homes’ for money but Central Banks are also equally capable of using their ‘power’ of money creation to abuse the system. They in effect become unelected ‘masters’ of nations. Don’t know which is worse.
Personally I would prefer to have some ‘competition’ within the money creation/lending business.
I don’t see that happening via the BIS/ECB though.
We’ve had this discussion at Solar Cycles.
You will recall that I expect the ECB to allow bad banks to fail by the dozen.
The clock is ticking..will it be Deutsche Bank or Monti Paschi that gets the game going?
No coincidence that *globalists* have been flooding Europe with ISIS fighters just ahead of the war on banks eh. The (((bankers))) will stop at nothing to preserve their control of the world.
Dangerous times, and we aren’t even at the solar minimum yet.
Yes indeed we have had that discussion. I am still not convinced that ‘CBs’, in the ECB ilk even, can be trusted.
I’ll give you a microcosm of money handling (it’s neither lending nor creation) anecdotal info.
As you know I hail from Pakistan. A country rife with corruption, greed, dictatorial governments…..and everything else that HUMAN EMOTION can throw at it. (Ideal place to count E Waves by the way).
Any way to the story:
Due to an eye illness of mine at 11 years of age i had to travel with my father to the nearest ‘better’ medical facility….which happened to be India. My mum’s side of the family were there to help and receive us.
However we needed to take Indian Rupees which were only available on the ‘Black Market’. There were a number of ‘money men’ available where you paid in Pakistani Rupees, took a simple coded paper slip and got that converted in India.
I remember my father going to a particular ‘money MAN’ ONLY. He told me that he was about 12% more expensive than the other but his ‘Rupiah was honest’.
We paid our Pak Rupees, got our slip of paper, and were converted into Indian Rupees without any hassle.
NOW THAT’s what I’d like to see with money today. ‘Honesty’.
Sadly we are FAR FAR away from that.
Sorry the REAL point of the story was that that ‘money MAN’ thrived despite his 12% premium over others. Honest COMPETITION is what’s required in money today. Not just honesty although that would go a very long way on it’s own.
Back on Tuesday, October 25th you mention “Carolan’s autumn panic” which from googling that…talks about the 1929 and 1987 DJIA panic…and the 1997 Hang Seng panic. Are you saying that your work/analysis is perhaps saying that we could be in a similar window in time?
Thank you in advance!
I certainly think the market is ready for a big move, But this is not 1987. This time the move may last longer.
I also said this week : the move may come next week.
Either way I think we are getting close.
Andre, I’ve been thinking about the general idea that ‘everything’s a vibration and we have no control’.
I was wondering whether in your own outlook on life you had become a fatalist? I quite like the idea that ‘none of it is down to me’. Or is there some nuanced logic which says we still have to take some responsibility?
Very much appreciate your thoughts on market timing and I recognise that the above is perhaps ‘off topic’ and therefore need not be answered.
We like to think we are rational beings. When you buy a car it is a rational decision because the car you buy to day is still the same car tomorrow.
When you by a financial product, today it looks great but tomorrow it may be something completely different. Now the lizzard brain takes over. Now safety is in numbers and we get herd behavior.
Research has shown that 80 percent of our decisions come from the lizzard brain.
My look on life is optimistic. I enjoy being a monkey with a brain. Disapointment comes when you expect to much.
The Schumann resonance is a low frequency (8Hz) That is caused by the turning of earth. We need it for our health, Most people don’t know it’s there but our brain senses it. Without it we get sick.
Andre, my own outlook on life has moved towards a fatalistic one in the last 6 years…..hence the question.
If we are all part of larger vibrations then even the ‘lizard brain’ theory doesn’t gel. We just do what the larger vibrations have us programmed to do.
Thanks very much for your response.
Andre and Purvez,
I agree with Andre about the lizard brain taking over. Technical analysis works fine in a bull phase of the market but usually sputters in a bear phase. That’s because it’s all fear begetting fear. The lizard brain takes over and seeks to protect what it can .
As I’ve mentioned before I too appreciate your input Andre. It is both illuminating and thought provoking. Thank you.
BTW…can you send me your energy streams as well.
I AM BACK! what have i missed, andre? anyone?
looking at the market – i have missed absolutely NOTHING!
“i think all cycles are self correcting?” huh, whaaa….. is that idea even possible.can you have a “cycle” that “self corrects?” what is the implications of an understanding that a cycle can be “out of cycle” so that the self regulating nature of cycles forces itself to “self correct”. ?? anyone,,,,,anyone – bueller? anyone?
Calm down luri!! It’s just the vibrations agitating you. LOL. Where did you get this ‘self correct’ stuff? I can’t find any reference on this blog other than your post.
i was listening to an interview from patrick woods. he was discussing the history of technocracy, and how the trilateral commission was used to advance this agenda. he commented at one point, “i think all cycles are self correcting”, and of course my 3 available brain cells started screaming for ice cream. i hate ice cream! in the big picture, this meant only one thing, i had to bring that comment to this forum for debate.
Wow you are 50% ahead of me. Those on this blog from solar cycles will know that I’ve only EVER had 2 brain cells to contend with. Hence never a majority decision!!…cause they never agree.
2 brain cells are known as “twins”. and well, twins are really just a fancy term for ONE. twins are kinda like ONE. So i suppose a quorum is out of the question with ONE. “i am only saying….” :-))
luri ‘twins’ is definitely NOT a fancy name for ONE….in this case. They are the siblings from HELL and back!! If one says white the other one says GREEN!! I could understand and even accept BLACK but it never works that way.
I’m doomed….DOOMED I say!!
ANY WAY!!! What the hell is wrong with this market. It’s now day 48 days since the Sept 9th swoon and all it’s done is given me a stomach ‘churn’.
Another 7 days and it will be at a Fib 55 days. Perhaps that will take it out of this infernal ‘back and forth’…..although it is possible that the ‘ELECTIONS’ could override the natural ‘ Fib order’ cycle.
What is this world coming to when we have to wait for 2 non-entities to become the POTUS!! Ugh I’d throw up….if I already hadn’t at the earlier sentence.
patience “grasshopper” – learn to adopt the pace of nature.
Ha!! You should talk!! LOL
Yes I WANT to SLOW DOWN but this world is in Hyper Mode right now and it wants to drag me with it. I’m trying to resist but it seems a bit futile.
Any way where did I put that wine bottle down?
Vibrations certainly seem to be evident in the latest revelations surrounding the Clinton email
Investigation! What do you think?
The energy charts knew it was coming
todays results were spot on!
Tom, please send me the charts firstname.lastname@example.org
I think we ain’t seen nothing yet. A crash has already started and gaining momentum. Seems to me this indicates Trump will win and we will see panick around the globe.
Next week down into 11/8 and one last leg up into 11/18. After that down into 4/6/17.
1929 and 1987 saw crashes. This were 58 years apart. Half of 58 is 29. If this is not a cycle we’ll call it a fractal but 1987 + 29 is 2016.
What is special about 29? It is close to the Saturn cycle and it is a prime number.
3 times 29 is 87, close to 5 times 17.
This was one reason for the early september decline as 9/3 was a vibration.
If this reasoning is correct, the crash has already started and it is amazing the market has plunged yet.
There are several reasons for this and the yoga cycle is one. Another one is the sun conjunct the outer planet average. Gann said this is a major change in trend. Happens once a year (obviously) and on a different date each year (as the average moves).
I have more reasons but they all say the same. We have seen some very long cycles turning and once down stays down. This weekend another severe weaking of force. Down moves will grow stronger.
Monday will bring a high due to the changes this weekend. Then abc down into 11/8 with a low 11/2 and a high 11/4.
11/4 will be Friday and we will get the jobreport. My analysis implies the jobreport will be a disaster, adding to the turmoil around the election.
11/3/15 was a high so a high 11/4/16 would be an anniversary.
Last issue : will the 11/18 high bring an ATH? I know Peter thinks so and he will have sound reasons for this. So I’ll formulate carefully. All cycles I see are down after this weekend. So momentum is declining. But ending waves should show a divergence and noise and/or short squeezes could distort the picture.
I am very confident about the 11/18-21 weekend producing a final high.
I’ll stay neutral on the ath subject as it seems Peter has been right so far 😉
Have a nice weekend.
energy chart confirms your numbers
Could you put me in your mailing list?
lys1933 at gmial dotcom Thank you :o)
*if you find this request first, please disregard my redundant request that was posted under the most recent post of Mr. Temple’s.
Typo; has NOT plunged yet
not sure if I agree with this completely but I think you mind an interest
my questioning is the cycle peak date mentioned yet the overall view I completely agree with .
Not much I’d disagree with other than it’s actually a 171.4 year cycle, but that’s where we should be headed imho. History bears it out.
to those wondering what is going on .
we are in a bearish cycle yet the market is oversold
not an extreme mind you but oversold .
the turn dates appear to be failing yet are they ?
the Dow has been making lower highs and lower lows with in
a sideways trading range , we had a sideways range going into
the brexit vote also ( not the same but similar )
traders are both buying and selling this market which begs
the question is this distribution or accumulation ?
my guess is it’s distribution and if it is then those who are buying the low 18,000’s on the Dow will be left holding the bag . those sellers who are unloading would not become buyers so the market would just thump do the downside with no bounce . the Oct 24 th date has held as a high so far yet we have not really sold off and I think it’s the election that will be the key to this . my date was Oct 20 options expiry and Oct 24 th into Nov 1 then another peak on Nov 7 which is 1 day before the election .
I do not expect business as usual surrounding this election so what ever happens come Nov 8-9th I am expecting some kind of shock .
way to many scenerios and conspiracy theories out there yet I would expect the unexpected . Hillary’s latest is just another
at the end of the day though my bet is we start hearing some type of rumor ( rumors are floated to check the publics opinions )
I won’t be suprised in the least bit if we don’t get a true choice in this election , no trump and no Clinton would definitely cause a wtf type reaction and my guess is this is why the narrowing range .
traders are not dumb , they know the risks .
my bias is bearish into January 20th based on the mars Uranus pairs
March is another low yet I doubt it’s a lower low the the Jan low .
11 days before the election and the fbi now ‘re opening Hillary’s case ?
many of her supporters have already voted .
I don’t think it’s going to matter who wins at this point because
I don’t think it will be trump or Hillary . yes I do realize that sounds
un realistic yet we are witnessing the collapse of government .
if they pull this crap it sets the stage for the congress and the Senate
being booted next.
it’s going to get ugly
Most of the USD currencies have already turned. This is a convoy and I’ve been saying that for over a year now. Don’t get too focussed on one or two indices.
Re: the election … it’s an event. It will follow the market. The market is turning. We’re at the apex of a 500 year cycle. I predict a win for Trump (if Hillary remains at the top of the ticket). That’s because this is a major revolution we’re in. Like 100 AD, 500 AD, 1000 AD, 1500 AD, and now 2000 AD (I’m putting together a short post on this).
All this talk about what will happen to the market if this or that happens is all wasted energy, imho. It’s already pre-determined from a market perspective. We’re already turning up as I predicted (in fact, the euro turned right on my target) and we’ll complete this last wave up no matter what happens in the election or anywhere else.
It’s just what happens market-wise. It always has, it always will.
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