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

2019 – GCC 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 OIC – Organization 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.