The Fourth Turning
“The Fourth Turning” was one of the first books I read, probably close to fifteen years ago, that forecast the coming crisis and provided a historical perspective as to why it was so likely, and why. That set me off down a rabbit hole and onto the work of Dr. Wheeler, Edward Dewey, and many others. It also led to the development of this site.
The Fourth Turning provides deep insight into the social implications of the coming crisis, with a focus on the roles of the various generations, and the psychological factors that tend to repeat through all four phases of this cycle. If you haven’t read it, I highly recommend it. You can find more information on my recommended books page.
The larger fourth wave the book is about is actually the crisis that comes at the top of a major cycle, either a 172 year cycle or a much greater 515 or 1030 cycle.
But. on a much small scale, we’re in the final stages of the last fourth wave of this year-long corrective rally, that started in March of year. It means we have one more wave up to go — if we could ever get there. We’re currently stuck at the bottom of it in futures, as other asset classes struggle to finish their larger fourth waves. Everything is moving together, but some assets have longer waves than others. We seem to be constantly waiting at major turns for some of these other assets to “catch up” so they can all turn together.
While we wait, let’s turn our attention to what’s going on outside the stock market.
We still seem to be in this “scamdemic” situation. As far as I’m concerned, we should have put it behind us long, long ago. It’s a fake. No more people have died in 2020 than the year before. That’s clear, and the data is slowly coming out in the media to support that claim..
However, when I go to Safeway to shop, the entire clientele are STILL wearing masks. Canadians are fast asleep!
I thought it worthwhile to put together a partial summary of what we’ve learned over the past year and know for sure. Some of it I’ve already communicated several times on both this site and in much more detail on my site thetruthsage.com. But for anyone new, here’s a review of the truths that I’ve uncovered over the past year, or so.
The Cabal (the Illuminati), that began way back in about 600 B.C., has gradually grown over the past two thousand years to control the financial system and keep much of the human race poor and in lifelong debt slavery. We’re in a worldwide military operation to rid us of this cartel, create a new financial system, destroy a global pedophilia network, and free up some 6,000 patents that will affect everything from energy to human health. The video, “The Fall of the Cabal” describes the Cabal in some detail. The video, “The Sequel to the Fall of the Cabal” provides much more detail. You can find links to Fall of the Cabal here.
The COVID “Pandemic” was a biological warfare event organized by Dr. Fauci, Bill Gates, Richard Rothschild, Barak Obama, and others as a tool to help steal the election in the US (by allowing for the increased use of mail-in ballots) and to eventually promote a vaccine that has negative effects on human health. We know the vaccine has killed hundreds so far, and has caused very harmful side effects to many others.
On the left is a picture of Obama and Fauci meeting at the Wuhan lab in 2015. Funding for the lab came from the “Deep State.” There has been a long history of eugenics rising to the surface through various organizations. You can see in the visual below that Richard Rothschild (died of a heart attack last year — was actually “taken out”) patented the virus, as well as the tests that have been used around the world, in 2015 and 2017. You can’t patent anything natural, so the patent on the virus proves that it’s been “engineered.”
Masks have NO ability to keep you safe from a natural virus. Social distancing is a joke. PCR tests used worldwide have no ability to detect a live virus and return up to 97% false positives. All this information is in the on thetruthsage.com site, or you can do your own research using the DuckDuckGo search engine in your browser (you can’t trust Google). All these methods to keep us compliant are illegal both on a country-by-country basis and internationally, through the Nuremberg Code.
In fact, an article appeared this week that warns that thousands of lawyers are preparing for trials of all those who perpetrated the global virus scam. I’m seeing a major turn of events, as more and more people realize the scam and are taking action to go after the perpetrators. The other good thing is that many of the corrupt are “disappearing.” It’s getting quieter out there, certainly in Hollywood.
In Germany this past week, a LANDMARK legal decision declared that regional containment policies – including lockdowns, social distancing, prohibitions on gatherings by family or friends) are UNCONSTITUTIONAL. The judge called the lockdowns a “catastrophically wrong political decision with dramatic consequences for almost all areas of people’s lives.”
There is an international pedophile ring that has kept children in caves (called D.U.M.BS — Deep Underground Military Bases) for decade and tens of thousands of these kids have been freed by the military, but the job is not yet complete. There was even a series of caves under Capitol Hill in the US. There are hundreds of miles of these tunnels in the US, but they also exist in other countries, like Canada, and many in the European Union.
These children are kept locked up for the purpose of harvesting adrenochrome, a natural substance that’s spikes in kids when they’re traumatized, and when ingested by the elite around the world, can keep them looking young, as well as induce a high that makes them feel more powerful and excited. It is highly addictive and produces a black eye as a side affect, usually in the left eye.
You can click on the disgusting photo on the left to get a better view of the famous people who are hooked on this substance. Many have already been arrested and/or executed. GITMO is apparently full and there have been FEMA camps set up in states across the United States to house many of the perpetrators as they await trial. They will come before military tribunals and the story is that many of the confessions will be broadcast worldwide, because people need to know about all of this so hopefully, it never happens again!
At least the worst of the bunch is gone. I pulled this banner out of ancestry.com, to which I’m a subscriber. It confirms the demise of the Gates duo (you can click on any of the visuals on this page to expand them):
There’s much more on my site thetruthsage.com where I provide information each month on how to deal with the challenges were going to face with the roll-ouot of a new financial system, the transition into a cold-dry climate (this drop in temperatures will continue for the next three hundred years at least and shorten the growing season), and the changes in social mood that happen each time one of these major cycles turn down.
We’re in for exciting times, but it’s not going to be without its challenges. Even though we’re getting our freedom back (it’s ours to take back!), we still have major economic challenge ahead. But, it you know your history, and you understand how these cycles work, then you’ll be prepared for just about any eventuality.
History repeats, and it does so with periodicity (in predictable timeframes).
Know the Past. See the Future
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This is link to the YouTube playback video, allowing you to review, stop and start, etc.
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Want some truth?
My new site now has several extensive newsletters in place. Videos now explain the banking system and deflation, and I’ve provided lists of what to do and what the start collecting in preparation for the eventual downturn, which will last for decades. The focus of my new site is now to retain your wealth, plan for deflationary times, and stay healthy in the process. I’m also debunk a lot of the propaganda out there. It’s important to know what’s REALLY happening in the world today. This has all been predicted and we know how it’s going to play out. Getting to the real truth, based on history, is what I do, inside the market and out.
To sign up, visit my new site here.
All the Same Market.
I’ve been mentioning for months now that the entire market is moving as one entity, the “all the same market” scenario, a phrase that Robert Prechter coined many years ago, when he projected the upcoming crash.
We’re in the midst of deleveraging the enormous debt around the world. Central banks are losing the control they had and we’re slowly sinking into deflation world-wide, with Europe in the lead.
The US dollar is fully in charge of both the equities and currencies markets. They’re all moving in tandem, as I’ve been saying since September of 2017. Over the past three years, their movements have been moving closer and closer together and one, and now they’re in lock-step, with the major turns happening at about the same time.
it’s challenging because often times currency pairs are waiting for equities to turn, and other times, it’s the opposite. The other frustrating thing is that in between the major turns, there are no major trades; they’re all, for the most part day-trades. That’s certainly the case in corrections, where you very often have several possible targets for the end of the correction.
We’re now close to a turn in the US indices, currency pairs, oil, and even gold. Elliott wave does not have a reliable timing aspect, but it looks like we should see a top very soon.
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US Market Snapshot (based on end-of-week wave structure)
This chart is posted to provide a prediction of future market direction. DO NOT trade based upon the information presented here (certainly NOT from a daily chart).
Above is the daily chart of ES (click to enlarge, as with any of my charts).
We're still bottoming in this fourth wave and the direction for the start of this week is still down. I can't tell if it will be to a new low, or just testing the current low, but Monday should see the corrective wave up on Friday turn down one more time. It's been a frustrating wait for everything to bottom.
There is no change to the longer term prognosis. We have one more wave up to a new high before a large collapse. I don't currently have a preferred upside target, and won't, until the fourth wave is confirmed to be in place.
The US Dollar index is still rallying and has some a bit of damage to the count. What was a possible fourth wave has turned into a B wave, which supports the "broadening bottom" pattern that I'm had as the preferred pattern for some time now. The US Dollar Index moves in the opposite direction from the US indices.
Because we now have a proper fourth wave in progress, I've removed the channel lines. The structure of the waves up, though, as I'm maintained for almost a year, is corrective. The current waves don't measure properly and so the measurement of a final top will be somewhat speculative.
NQ, on the other hand, had a fourth wave that is now in the area of the first wave, which suggests we have an ending diagonal forming there, which, if true, will give us a maximum level for a top.
Although I've placed dotted lines to show the channel in terms of what might constitute an ending pattern, all common structures have problems.
In the SP500, which has a very strange corrective pattern up, the same situation is at hand. I will not likely be able to predict the top price level, since the fibonacci measurements aren't working as per normal. The waves up seem to be compressing, which is typical of tops.
In any case, until the fourth wave is in place, I can't provide an estimate for a top.
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Summary: We're getting close to a final high from this rally from March, 2020. The wave structure appears to be a corrective pattern in five waves.
Most other US market indices on the NYSE side have similar patterns. This puts us in the final stages of this rally up from March of last year.
The resulting trend change will target an area under 2100 in SPX, and will likely be a combination pattern and, as such, may contain zigzags, flats, and possibly a triangle or ending diagonal at the bottom. However, I'm leaning towards a series of zigzags, which are corrective waves, and will likely come down fast.
Once we've completed the fourth wave down, we'll have a long climb to a final slight new high in a fifth wave of this 500 year cycle top.
