Wednesday, 8 June 2011

June 13/14th 2011 - A Historical Turning Point in the Markets !!!!!!!!!!

I have written about this before as well.

I am back again on the same topic.

I have read some stuff from Martin Armstrong.

His models suggest the next important date/time for markets is next week - June 13th - 14th 2011.

I read his recent piece which talks about the same.

I think that we may see some kind of TOP in Gold and a bottom in US DOLLAR on or near this date.

We will judge the results looking back in time 3 - 6 montsh from now.

Martin thinks - we may see a Gold TOP and USD Bottom next week.

From then these markets should reverse - hence Gold should turn lower for some time and USD should start to surge higher.

If this were to happen - lets us see what implications does this have for the markets  -

An Up Move in USD would mean -

Weak Equity Markets - at least in Developed World
Weak Commodity - Oil , Gold and Silver as well
Weak Non USD Fx - Weak EUR, GBP , AUD, CAD, CHF and JPY
Widening Credit Spreads -

I think we are about to see sometime this year or next -

  • Euro Crash
  • One of the PIIGS default
  • AUD Crash
  • Peak in Equity Mkts
  • Peak in Oil, Gold and Silver
  • Weak CHF - either due to strong USD or issues with Switz Banks or European Housing
  • Crash in Australian Housing Mkt
  • Crash in China Eqty Mkts





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