Financial Survival Network – Kerry Lutz
09/21/15 – The May–August 2015 ‘Capitulation Phase’ has triggered the expected decline in stock markets – around the globe! Dozens of major, bellwether stocks and at least a dozen global Indices have fulfilled projections for a 20% decline during this 4–5 month period.
Eric updates Kerry on his forecast for a sharp decline in May–August 2015, expected to extend into late-September before a rebound takes hold. The Shanghai Composite – China’s main index – has dropped ~40% since June and has reached its ~3100downside objective.
Eric explains why this is a precursor to the more damaging phase of 2015/2016 Crash Cycles… still to come. He reiterates his outlook for 2016, including the potential for Gold & Silver to experience major advances (after seeing initial advances in 3Q–4Q 2015). [More details on that analysis can be found in the ‘2016 – The Golden Year’ Reports.]
Gold is expected to see another surge in October, which should witness it breaking above key resistance at 1170–1180.0/GC. Weekly Re-Lay publications have already detailed how long & how far the next rally should stretch. Dollar analysis is also discussed… as well as the deflationary effect it has had on many commodities – an effect that is projected to diminish in late-2015 and begin to disappear in 2016, as price inflation makes a resurgence.
Grains prices & oil prices are expected to bottom in 4Q 2015/1Q 2016 and usher in a momentous reversal in many markets. And that dovetails with tumultuous cycles converging for Russia, Saudia Arabia & China – most synergistically in 2016 (although Russia & China cycles have pinpointed 2014–2017 as the overall period of upheaval).
Interested listeners should also refer to the multiple ’40-Year Cycle: Stock-flation’ Reports that have been published in 2014 & 2015. They detail – among other things – the unique correlation between the emergence of the Russian Bear and the emergence of a stock market Bear; Bears Beget Bears… projected for 2015–2016.