Financial Sense Insider – Cris Sheridan
03/23/16 – Stocks Nearing Crash Cycles in 2016/2017. Gold Poised for Next Surge in mid-April. April 19th Date of Aggression Could Impact Both. Food Crisis on Horizon in 2016/2017.
Cris asks Eric about his stock market outlook, given that 2015 & early-2016 have held closely to what he described in late-2014 & during 2015.
Eric reiterates his perception that the first 15–18 months of a new bear market – which was projected to take hold in early-2015– would look similar to what the DJIA experienced in early-2000 through mid-2001, with sharp declines being quickly met with equally sharp rebounds. Eric explains how this would steadily feed into Crash Cycles expected for 2016–2017… with the next low expected in June 2016 – as part of a progression of lows.
Eric also updates his outlook that mid-April will usher in a ‘danger period’ – when stocks could be hit by new selling (and Gold/Silver see new surges)… all linked to the Date of Aggression.
Cris then probes Eric about his outlook for Gold, reminding listener’s that Eric had been – for the past 2–3 years – forecasting2016 to be The Golden Year, when a new bull market would begin to take hold in precious metals.
Eric updates that outlook and explains how Gold’s recent surge – in early-March– fulfilled a critical component of the outlook for2016 and reached the primary upside target for 1Q 2016… and created a top that could hold for about a month, before cycles turn back up in April. He explains why the next surge could be seen in the second half of April.
[The upside target for 2Q 2016 – and for the entire first half of 2016 – comes into play at 1305–1315/GC & 18.00–18.50/SI… as detailed in other corresponding publications & interviews.] Eric also elaborates on when a much larger advance is expected.
Cris & Eric wrap up this interview with an in-depth discussion on Eric’s outlook for 2016 to usher in a multi-year period of Food Crises, linked closely to the 40-Year Cycle (which is partially governed by the ‘Great Conveyor Belt’ of the Sun… also a 40-Year Cycle). He expounds on the uncanny consistency of this cycle – dating back for centuries – and how previous phases have seen commodity prices double & triple in a 1–3 year period.
https://www.youtube.com/watch?v=lfM7KTaYrCw
