Silver & Stocks Focus on Late-Jan ’26 Cycle Highs; Add’l Upside Still on Tap.
11-30-25 – “Outlook 2026 – DUPE… and the 17-Year Cycle
In recent months, market cycles & Cycle Progressions have pointed to the first two weeks of December as a pivotal time when several markets could be in accelerated portions of multi-week and/or multi-month trends. As described in the 90/10 Rule of Cycles, the final 10% of a cycle is often when the most dramatic events – and market action – unfold.
Another time-tested principle is the link between these cycle or Cycle Progression culminations and the sudden occurrence of ‘surprise’ fundamental events. Early-April ‘25 was another perfect and profound reinforcement of that principle when tariff announcements occurred at the precise time when stock market & white metal cycles bottomed.
Those early-April ’25 Cycle Progression lows had been discussed for weeks or months prior to that time… so the outlook for a blow-off sell-off was no surprise. It was only the triggering fundamental event, or at least the magnitude of that event (since its existence was telegraphed months before), that took traders by surprise.
Exactly 8 months later (one of the most consistently-recurring cycles in the stock market), in early-Dec ‘25, another surprise could hit the markets. The timing of that could be in perfect sync with a unique date in history…
DUPE
There is an annually-recurring cycle that has been discussed in INSIIDE Track for over two decades.
However, as is the case in cycles of this nature, it is only during certain years when enough corroborating cycles (multi-month, -year or even -decade) converge and warrant closer scrutiny.
2025 is one of those!
To give a little context for newer readers, I chose to call this cycle: D.U.P.E. and it falls on December 8th. D.U.P.E. is the ‘Date of Unifying Plans & Events’ – so named due to its tendency to time diverse global unions & unifications (and, secondarily, due to attempts to ‘dupe’ the masses).
The table on page 4 provides a noteworthy sampling of these global unifying events, making it hard to believe this is just a random occurrence.
(That is NOT implying any sort of conspiracy theory but rather reinforcing our ignorance of greater cyclic forces that time many of these things.)
Unifying Plans & Events
This cycle dates back hundreds of years and includes significant unifying US events like Lincoln’s Amnesty Proclamation, the forming of the AFL and the subsequent merging of the AFL & CIO (both representing powerful political forces).
There are religious events like the onset of the First Vatican Council and the culmination of the Second Vatican Council – called to unify Catholics around the globe.
There are space-based events like the start of the Vanguard satellite program and the subsequent US/USSR Treaty to prohibit nuclear arms in space.
And there are major, global-shaping, geopolitical events like the Dec 8, 1941 declaration of war by the USA – uniting two opposing forces in what was fast-becoming World War II. More recently, multiple global climate conferences – and the resulting agreements – have also fell on/around December 8th.
It is uncanny how many multi-national ‘unions’ – from the SAARC to the CIS to the EU (Treaty of Nice & Treaty of Lisbon) to CARICOM-Cuba to S Europe/N Africa to the South American Union to Russia/Belarus to the SCO/ECO union to Eastern Europe to the Paris Agreement to NAFTA – all fall on this or the surrounding days.
At some point, it becomes hard to ignore the ‘coincidence’.
There are two of those events – listed in the accompanying table – that really jump out in 2025.
The 17-Year Cycle in USSR
Those two events occurred on December 8, 1991 & December 8, 2008 – a precise 17-Year Cycle apart… and precisely 34 & 17 years ago. (See https://www.
On Dec 8, 1991, the Belovezha Accords were signed by the leaders of (wait for it…) Russia, Ukraine & Belarus. They affirmed what had become obvious – the USSR had ceased to exist.
[Not surprisingly, the dissolution of the USSR occurred during the 70th year of its existence – dating back to its origin in December 1922. The 70-Year Cycle is a Biblical cycle timing kings and kingdoms and their frequent lifespan.]
On the same day, Dec 8, 1991 – and at the same meeting – the CIS (Commonwealth of Independent States) was established to fill the vacuum.
17 years later – in Dec 2008 – European ministers approved the creation of the Eastern Partnership Agreement between Europe and 6 Eastern European nations… formerly in the USSR.
17 & 34 years later, on/around December 8, 2025, the relationship between Russia and Europe (and the West) could take another dramatic turn.
17/34-Year Cycle in US/Russia Relations
Also not surprisingly, 1991 was a full 34-Year Cycle from the launching of Sputnik in 1957 – perhaps the single most significant event that triggered the Space Race and all the global military ramifications of that ’race’ (satellites, communications, etc.).
And that was just slightly more than 34 years from the founding of the USSR – in late-1922/early-1923… another affirmation of this unique cycle.
And that was ~34 years from the Russian Flu, the last major pandemic of the 1800’s, in 1889/1890, that had a dramatic impact on Russia & Europe.
It was possibly a human coronavirus and was the first major pandemic to spread globally, with a major impact on the Russian Empire. It was quickly followed by the Russian Famine of 1891/1892 – leading to additional disease outbreaks.
And the Russian Flu – and all that it ushered in – was ~34 years from the Crimean War of 1854 – 1856, pitting Britain, France & others vs. Russia.
On a higher-magnitude basis, the current period is 170 years from the Crimean War (2024 – 2026) and 340 years from the onset of Peter the Great’s rule and reforms – beginning in 1682 – 1686 (2022 – 2026). They ultimately led to the Russian Empire.
With the 80-Year Cycle of War in its ‘crescendo’ period and escalating attacks between Russia & Ukraine, could December 8th time [reserved for subscribers]…
Stock Indices remain in overall uptrends that could stretch, in some indexes, into 1Q 2026. They were expected to see a series of highs in late-July, late-Sept & late-Nov ’25 with a final high potentially stretching into (late-) January ’26.
That series of highs was/is expected to create divergent peaks – with one or more indexes spiking to new intra-year/all-time highs even as one or more indexes set lower highs… much like the late-’24 & early-’25 series of highs played out.
Nov/Dec ‘25 has been projected to time the initial shift in several markets, including stock indexes.
Eerie Parallels
An intriguing parallel continues to play out in these markets. It involves a type of ‘tail wagging the dog’ scenario where something that should not have an oversized impact… suddenly does.
In late-2024 and throughout 2025, INSIIDE Track & the Weekly Re-Lay have been discussing this issue and warning about a potential validation of it near the end of 2025 and then in 2026. That is where we now find ourselves.
This is likely to be merely an initial validation with 1Q 2026 possessing a greater probability for fulfillment during a vulnerable (future) cyclic period.
The parallel involves a perceived similarity between the 1920’s, the 1990’s & the 2020’s – dealing with derivatives that took on a life of their own due to unrestrained and unbridled speculation.
In each case, the biggest part of the problem has to do with proportionality…
Gold & Silver are again diverging with Silver surging to new highs as Gold remains below its late-Oct ’25 cycle peak while still failing to turn its daily trend back up. This is again demonstrating how these two metals are more likely to trade over the next 3 – 6 months.
Silver’s more recent spike high takes it to the extreme of an ongoing ~12.5 – ~13.0-month/~54 – 59-week low (early-Sept ’22) – low (Oct 2 – 6, ’23) – high (Oct 21 – 25, ’24) – (high; Nov ’25) Cycle Progression that has governed the action of Gold & Silver for over a decade.
However, Silver continues to project higher highs into April/May ’26 – along with the other white metals (Platinum & Palladium), so these intervening highs are more likely stepping stones…
One of the intriguing aspects of this involves the 40-Year Cycle of Currency War and the ongoing battle between hard, paper & digital currency. As Bitcoin was retesting major upside targets & resistance (~122 – 127,000/BT) in early-Oct ‘25 and reinforcing a developing top, Gold went into a parabolic surge…
The XAU & HUI are rallying back toward their highs after initially plunging (following the fulfillment of long-term analysis for a surge into Oct ’25 when a multi-month high was likely to take hold) but failing to turn their weekly trends down.
That set the stage for a rally back toward their highs, which was corroborated when they turned their daily & intra-month trends up in early-Nov ‘25. During their subsequent pullbacks (Nov 12 – 21st), they were unable to turn their daily trends down – after neutralizing them twice – and then quickly re-entered them, showing new strength…
Platinum & Palladium have also consolidated after fulfilling projected rallies into Oct ’25 – the ideal time for multi-month highs in a series of ascending peaks. At that time, Platinum attacked its latest range-trading target at ~1,700/PLF (900 – 1100 – 1300 – 1500 – 1700) and was expected to find key resistance there. It is retesting that resistance now but would not show new strength until a weekly close above 1770/PLF.
Palladium peaked near 1700/PA and quickly plunged to its initial downside target near 1400/PAZ. That is where this new decline equaled the magnitude of the July/Aug decline…
Copper remains in a multi-month consolidation phase after plunging from record highs in July ’25 and then rallying back to ~5.300/HGH. It would not signal more than a 6 – 9 month peak until a weekly close below 4.470/HGH. Copper is in a broader 3 – 4-month uptrend and would not turn negative until a daily close below 4.960/HGH.”
3-29-25 INSIIDE Track – “Gold & Silver are in broader bullish trends and their outlook remains positive. Gold & Silver perpetuated a ~7-year low (4Q ‘01) – low (4Q ‘08) – low (4Q ‘15) – low (4Q ‘22) Cycle Progression in October ‘22 and have been projected to undergo a multi-year advance into 2026 or later…
Platinum triggered some intriguing – and potentially very bullish – signals… This could be one of the ‘golden’ (or is that ‘platinum’) trading opportunities of 2025! Platinum is on the cusp of turning its monthly 21 High MAC up… for the first time since October ‘23… it would generate a very bullish confirmation signal that would likely reverberate for 6 – 12 months to follow…
Platinum could rally into 2026 – a 50% rebound in time (12 years down/6 years up) and the latest phase of a ~5-year high (2011) – high (2016) – high (2021) – (high; 2026) Cycle Progression that parallels the Silver outlook. With Platinum closing the week at 996/PLN, it is a good place for traders to be adding to long positions…
Palladium remains above its August ‘24 low and in a constructive weekly trend pattern… Its weekly 21 MAC is also nearing the time (April 7 – 11, ‘25) when a reversal higher would become much easier to achieve… Palladium is expected to enter a new bull market in 2025 and stretch that into 3Q 2026 – when the next multi-year peak appears most likely.”
10-15 & 18-25 Weekly Re-Lay Alert – “Gold peaked on April 22nd – in fulfillment of those intervening/ reinforcing cycles and also the Date of Aggression – and held that high for over 4 months. An interim high was set on July 22/23, ’25 – a geometric 3-months/90 degrees from the April 22nd peak – further reinforcing the late-Oct ’25 time frame. October 22/23, ’25 is exactly 3 months/90 degrees from the July 22/23rd peak…
Gold & Silver remain strong and are accelerating higher (90/10 Rule of Cycles), reinforcing the overall bullish outlook… They have initially fulfilled an ~2.5-month Cycle Progression linked to Gold’s late-July ’25 low that fulfilled an ~11-week/~76-day low (Feb 28) – low (May 15) – (low; July 30, ’25) Cycle Progression and projected future highs on Oct 13 – 17th…
On an even broader basis, they remain in multi-year bull markets, initiated in 4Q 2022 when an uncanny 7-Year low (4Q 2001) – low (4Q 2008) – low (4Q 2015) – low (4Q 2022) Cycle Progression combined with a myriad of other monthly & yearly cycles to project a multi-year advance.”
“Platinum & Palladium extended their gains into Oct ’25 – the ideal time for 1 – 3 month highs in a series of ascending highs (stretching into April/May ’26).”
Future highs in Jan ’26 & April ’26 likely. See current Weekly Re-Lay & INSIIDE Track publications for the most updated analysis.