If you followed Larry Edelson's writings, you are aware of his cycles. The claim is that the price of commodities and stocks follow a cycle (which look like sine waves) and thus become somewhat predictable. Thus, Larry has predicted that unless the price of gold hit around 1,050 and AT THE RIGHT TIME, gold would not rally. This is sheer nonsense, of course, because the FED controls the gold price (via banks) so gold will go up when the FED loses control.
There is another cycle, however, which is about 80 years long. Here is a representation of it by Nick Hodge:
The cycles began in the 1780s. The next one was in 1860 then the 1940 and the current cycle is ending in the 2010's.
So, we are going through a crisis now. Hodge's prediction is that once we are over the crisis, America will come back and establish incredible well-being and progress. I hope he is right. But, before a national awakening can take place, the Country has to overcome the effects of currency failure, a National Debt that is beyond repairment, a Professoriate that is insane (Liberal-Socialist) intent on destroying the foundations of the Country and the many social programs that render progress through capital investment possible.
Wednesday, October 30, 2013
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