Gold & Silver Remain Positive into late-Oct
10/07/15 Weekly Re-Lay: “Late-September ushered in an important transition period in many markets. In most cases, this involved a period of ‘shifting’ but not reversing.
One example is Gold & Silver, which had been forecast to rally from Sept. 10/11th into Sept. 24th, then see a brief correction, and then enter a new advance – with more bullish potential – from Oct. 1st/2nd into Oct. 23/26th.
On a larger degree – and an inverse basis – Stock Indices were similar. They had a series of bearish cycles that reached fruition in late-Septemberand/or early-October – after which an upside correction (rebound) was expected.
Similar (inversely) to Gold & Silver, that rebound is expected to be short-lived and then give way to a new decline with more bearish potential… part & parcel of the Crash Cycles projected for 2015–2016…
Bonds & Notes fulfilled intermediate upside potential and – similar to Gold & Silver, but lagging – pulled back in the first part of October.
This transition time is expected to stretch into mid-October and produce increasing volatility and some important corroboration – to expectations for4Q 2015. However, as explained throughout late-2014–early-2015 – and reiterated a couple weeks ago – the real trouble could wait until Dec. 2015(or shortly after) to really materialize.
In the meantime, there is plenty of potential for ‘precursor problems’ – in and out of the markets. A perfect example is the developing fulfillment & merging of diverse cycle expectations for 2015 – including a crisis involving Russia, the 40-Year Cycle of War & Peace and the 7/14/28 Year Cycle of War – usually centering around the Middle East.
That latter cycle is the same one I described in 1999–mid-2001 when forecasting a war for 3Q 2001 (linked to Major attacks & conflicts in 1973, 1945 & 1917). It was projected to begin impacting the markets again in 2015.
So, exactly 42 years after the Yom Kippur War (repeat of 7-Year Cycle & 14-Year Cycle as well as midpoint of 28-Year Cycle) – a war that ultimately resulted in an Middle East/Russian alliance – Russia forms a new alliance with Syria, Iran & Iraq and begins military strikes in Syria (to support Assad), marginalizing the US (a precursor to economic marginalization in the coming years??).
Its déjà vu, in reverse (Russia spearheading the attacks in 2015 instead of the Middle East alliance leading the way, as in 1973). The Russian Bear has come out of hibernation… precisely when cycles anticipated it. With cycles in the Ruble, Crude & related petro-currencies bottoming soon (late-2015 into early-2016), the outline of a potential trigger ‘event’ is clearly taking shape.
For anyone not familiar, 1973 saw the DJIA peak in Jan. 1973 and drop ~20% into August 1973. It then rebounded into Oct. 1973 & quickly reversed lower, resuming what would ultimately be a 50% collapse in 1973–1974. Is this also déjà vu in 2015/2016??
Gold & Silver are reinforcing intermediate analysis for another, potentially stronger, surge from Oct. 1st/2nd into Oct. 23/26th. In addition to much corroborating analysis & trading signals, a surge into late-October would provide an intriguing parallel to the Jan. 2nd–Jan. 22/23rd surge… capping off a replica of the entire move from Nov. into Jan.
Silver has surged to new 3-month highs – exceeding its July peak in the process – and attacked its weekly LHR. Gold needs to exceed 1169.8/GCZto do the equivalent. Both have turned their intra-month trends up, reinforcing the outlook for October.”
Gold & Silver remain positive for much of October, before intermediate cycles turn back down. However, MAJOR cycles turn positive in late-2015and should usher in The Golden Year (2016). Mid-Dec. 2015 ushers in true troublesome times for Stock Indices… and onset of 2016 Crash Cycles. Watch 1Q 2016!