Saudi Arabia’s 11-Year Cycle…

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, in 1865 – 55 years or 5 x 11-Year Cycle – earlier.]

1931—1932 – Kingdom of Saudi Arabia established.

1941–1942 – Aramco develops first oil fields in Saudi Arabia.

1953 – Death of Ibn Saud; Ascension of King Saud

1964 – King Saud deposed; King Faisal takes power.  (Arab League – founded by Saudi Arabia – creates PLO at Palestinian National Council in E. Jerusalem in 1964… the first summit of the Arab League.  March 2017 is the 34th summit.)

1975 – King Faisal assassinated; King Khalid in power.

1986 –  Oil price crashes.  King Fahd, who ascended in 1982, declares himself ‘Custodian of the Two Holy Mosques’.

1997 – Greater Arab Free Trade Area (GAFTA)

2008 – IsraeliGaza War sidelines Arab Peace Initiative.  King Abdullah convenes interfaith conference in Spain.  Oil peaks.

2019GCC common currency?  Arab Union?  Peace Accord??

2019 is 40 Years from the 1979 seizure of the Grand Mosque in Saudi Arabia (Mecca) & the push for an overthrown of the Saud-family dynasty.  The attackers also announced the arrival of the Mahdi – Islam’s long-awaited messiah.  That came slightly more than 40 years after the 1938 discovery of oil in Saudi Arabia – the source of Saudi Arabia’s power.

2019 is also one 17-Year Cycle from March 28, 2002 when Saudi Arabia proposed the Arab Peace Initiative – a peace plan for the Arab-Israeli conflict.

2019 is also 50 years from founding of OICOrganization of Islamic Cooperation (57 members).

2019 represents Saudi power shifts AND Arab Unity.  Hmmm.”

 

Crude Oil is expected to set a secondary low in 2Q/3Q 2017 and enter more bullish cycles in Sept. 2017 – that should last into 2019 – at the same time that cycles in Saudi Arabia (and Turkey & Israel) begin to escalate higher.  4Q 2017 could reveal the first signs & validation to this analysis.

4Q 2017 into 1Q 2018 is when cycles in all the energy markets (Natural Gas included) should be trending upward – identifying a pivotal period.