Norhing’s Happened in the Stock Market in 2020 - Eric Hadik #4897
Markets are following Eric’s 40 year cycle. 40 is a very common cycle throughout history. It’s in the Old Testament and New Testament. There are many examples. Even sunpots have a 40 year cycle known as the Great Conveyor Belt. We may see another October crash but Eric believes it will probably saw tooth throughout the month. Silver is going higher, while gold may keep consolidating and could have one more decline left to go. Inflation is probably kicking up a bit. Probably more subdued where many believe it will go much higher, but Eric isn’t seeing it yet. Interest rates, could be seeing some action there, although they’ve been very boring for the last few years. Topping process will continue to unfold in bonds and treasuries and could be triggered by next inflation phase. Dollar has had a consistent 3.25 cycle, with minor variations. We’re seeing a correction in the dollar which portended a Republic President. The dollar has declined throughout the Trump Admin. Another wave down in Q4, which would probably lead to higher metals prices.