Crude Fulfills Projected Sell-off; Sets Stage for Impending Bottom… 2017 – 2019 = Oil & Middle East Cycles. 05/31/17 – Crude Oil, Unleaded Gas & Heating Oil completed the projected drop from cycle highs on Feb. 20–24, 2017 into cycle lows in early-May 2017. That also fulfilled the monthly HLS (extreme intra-month downside target) pattern set in March 2017… […]Read more
04/27/17 Talk Digital Network: “Busting US Dollar vs Gold Myth Interview”
“Gold & Gold Stocks… potential for more weakness into May… Crude trading lower into early-May… bottom by May 5th…strong potential for intermediate bottom in early-May…” https://www.youtube.com/watch?v=CtoPCCjy9CY&feature=youtu.be
Crude Validating Weekly Cycle High… Late-Feb.–early-May Drop on Track. Setting Stage for 2Q/3Q ’17 Low. Energy 03/30/17 – Crude Oil, Unleaded Gas & Heating Oil dropped sharply after the majority of cycles peaked & reversed lower on Feb. 20–24, 2017. That cycle had been the focus since Nov. 2016 but was most accurately fulfilled in Crude’s continuous-contract chart […]Read more
Middle East Cycles Impact Oil. Sept. ’17 Ushers in Bullish Cycles… …For Crude & Middle East Tension! 02/27/17 – The Natural Year There is a natural connection to this aggressive period since it coincides with the start of the Natural Year on the vernal equinox. That is when all of the Northern Hemisphere is coming back to life and […]Read more
Saudi Arabia’s 11-Year Cycle… Focus on Crescendo in 2019! Crude & Oil Outlook Concurs. 02/27/17 – 2019 & Saudi Arabia’s 11-Year Cycle 1920–1921 – Ibn Saud (founder of Saudi Arabia & powerful advocate of Wahhabism) conquered Rashidi dynasty – backed by Ottomans – and retook majority of current Saudi Arabia. [The Rashidi Dynasty had overtaken Riyadh, the Saudi capital, […]Read more
Crude/Energy Complex Bottoming. 1Q ’16 Low Intact; 3Q ’17 = Focus. 2017 – 2019 Could Mimic 1977 – 1980 01/31/17 – Natural Gas surged into late-Dec. – 6 months/~180 degrees from the late-June peak. That confirmed the 12–13 week low-low-low-(low) Cycle Progression that helped pinpoint the Nov. 9th low. A subsequent low is possible in early-Jan. (9th?). Natural Gas […]Read more
Turkey/Ottoman Cycles on Track. 2019 = Major Collision of Cycles! Oil Markets Concur – Watch 3Q 2017. Feb. 2017 INSIIDE Track – Outlook 2017-2018 — Gateway(s) 01-30-17 – It is impossible to conduct a thorough analysis of the Middle East without discussing the Gateway to the Middle East. In the past, I have described the same entity as […]Read more
Crude/Energy Complex Bottoming. 1Q ’16 Low Intact; 3Q ’17 = Focus. 2017 – 2019 Could Mimic 1977 – 1980 01/19/17 40-Year Cycle: Stocks in 2017–2021 2017-2021 The Reaction… 01-19-17 – Having closed the books on 2015/2016 – the first phase of a 40-Year Cycle transition – it is time to look ahead and scan the horizon for what […]Read more
11/21/16 – OPEC Freeze? Oil Cycles? Dollar’s Finale Before Sell-off.
Jim asks Eric about rumors of a coming OPEC oil production cut. Eric discusses his outlook for Crude & Energy Markets that continues to project a lengthy bottoming process and no sustained advances in the foreseeable future. That leads into discussing the US Dollar’s impact on oil…
Jim asks Eric about Election results and the markets’ reactions. Eric reiterates analysis provided in March 2016, when he described how Dollar cycles – projecting a major Dollar peak in late-2016/early-2017 – were arguing for a Republican Administration to be elected in 2016. That should usher in a new wave down in the US Dollar.
Consistent with that analysis, Eric also discusses Gold cycles that continue to project a secondary low in late-2016 – closely coinciding with the time for a potential Dollar peak. He emphasizes the uncanny influence of the 40-Year & 80-Year Cycle and why that should begin to stress the Dollar and then also impact equity markets (in 2017–2019).