Tuesday, March 7, 2017

What does Larry say now?

Just in case this is the first time you read about Larry, here is a short introduction.
 
Larry Edelson is a financial analyst who studies economic and political cycles and makes predictions from his studies. Such studies were initiated by Pres Herbert Hoover and his advisor Edward R Dewey in 1932. They discovered that economic events run in cycles with formulas such as y=sin (x). The cycles have names such as: the Kitchin cycle, the Juglar cycle, the Kondratieff wave and so on.
 
Larry's finding: He reported that the cycles gave a minimum in 2015, signaling the start of some very hard times. Larry referred to the time frame of 2016-2020 as "a roller coaster ride through Hell."
 
he sequence of events would unroll as follows:
1. First, the EU would self-destruct sending a tidal wave of capital to the US. DOW to 25,000;
2. Japan would tank.
3. The US would tank.
 
All hell would break loose and conditions abnormal until 2020.
 
Larry's current forecast
 
EU to start collapsing 2017.
Japan would collapse
DOW to go to 31,000.
US would collapse while gold and silver skyrocket.
 
Cycle not over until 2022.
 
Election of Trump makes no difference as he can not undo the debt.

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