THIS WEEK IN MONEY – Jim Goddard
07/28/15 – Eric discusses his analysis for a Major low in Gold NOW!
Since 2011, cycles have been converging in 3Q 2015 – with a bottom in Gold forecast for July 2015. Throughout 2015, that expectation has been honed – with the greatest synergy of cycle lows occurring on July 13–24th… when Eric expects a Major bottom.
He explains why an uncanny 40-Year Cycle has timed a 200+-year battle between Gold and paper currency… and why 2016 is a momentous year in that struggle. Within that context, Eric has been projecting a strong rally in the US Dollar (from cycle lows in 2008, 2011 & 2014) that should last into mid-2016! The ramifications of that are already being felt… and should grow in intensity during the next 6-12 months.
2016–2017 is when he expects the global push – to unseat the Dollar as kingpin of global finance & exchange – to intensify. Major events & announcements in 2013–2014 have laid the groundwork, with Russia & China spearheading this effort. Cycles (and technical analysis) are pinpointing when this is likely to reach fruition.
Eric details how this same 40-Year Cycle has impacted many critical events and has also timed America’s involvement in MAJOR wars, with the next conflict expected around 2021.
He also reviews his ongoing projection for a sharp decline in the stock market, from late-April–late-September 2015, with August 2015 being the most bearish month in this scenario. Eric has been expecting a ~20% decline in most Indices… as a precursor to a larger overall decline in 2015–2016!
https://www.youtube.com/watch?v=SUh43itrU7I
