Loading ...Monetary Crisis Event?
I keep a Financial Calendar on Gmail with all kinds of dates (e.g. FMOC, NFP, G20 stuff, Norvast Gann dates, My potential Cycle turn dates, Bradley Astro, etc.).
So on Sunday, the anniversary of 9/11, I have and entry: :Monetary Crisis Event: David Nichols.” I have looked back and have found two similar entries with the same notation that I find VERY Interesting. They are Nov 24, 2015 and June 21, 2016. I don’t recall from what source I made these entries.
Recall that Brexit occurred on Friday, June 24 so I find this very interesting that this was just 3 days off from the Brexit vote….
The first entry I can find on this was on Nov 24, 2015 and it had the notation:
Monetary Crisis Event: David Nichols ~ Monetary Crisis every 36 years (1907, 1944, 1980, 2016)
Note that this November date was within a week of Gold’s cyclical Bear low on Dec 3, 2015.
I have Googled “David Nichols Monetary Crisis” but all that comes up are some old articles from 2014 and before. Anyone have any clues?
Added: Here are a couple of interesting articles from this week (2nd link is a MUST read).
http://www.safehaven.com/article/42475/will-deutsche-bank-collapse-the-global-market
https://northmantrader.com/2016/09/10/time-to-get-real-part-ii/
The Safehaven article is an interesting one that argues todays market is is far better shape than when the Lehman event occurred in 2008.
While I agree with him on that point, I would argue that a Deutsche Bank collapse now would be akin to a Bear Sterns moment, setting up a future series of events similar to Fannie/Freddie and Lehman which was the final nail in the coffin, so to speak.
Remember the Fed and other CB’s “fixed” the 2008 Credit Crisis by doubling down and digging a deeper hole on global debt. Lots of other weak Financial Institutions out there across Europe, Japan and China. Then you have Citi in the US which has been gobbling up DB’s derivative book.
Diagram which shows Deutsche Bank’s exposure to major banks across the globe
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/06/27/DB%20IMF%201.jpg
Well that chart just give you a warm fuzzy feeling doesn’t it… 😉
David Nichols dated 21 Oct 2015
“This story gets even more intriguing when we layer in the 36-year market energy wave. Every 36 years the global economy experiences a monetary crisis. Back in 1980 it was runaway inflation and a gold market gone berserk. 36 years before that it was 1944 and the Bretton Woods conference as the War was winding down. Before that it was the “Panic of 1907.” You get the idea: every 36 years the global economy hits a rough patch on money and currency.
There is plenty going on right now in this department, right on schedule, as central bankers around the world have kept interest rates at zero for going on 6 years. 6 years! The unintended consequences of this insane monetary experiment have not yet fully emerged…..but they will, and soon, as misallocated capital always creates imbalances which must be corrected.
In fact, the consequences appear to be emerging now, right after this Week 211 inflection point. And the early returns are suggesting that gold will be one of the main beneficiaries of the chaotic period to come.
The “monetary crisis” phase of the 36 year energy wave is scheduled to last until late 2016, with climactic crises emerging at 3 specific times:
— late November 2015
— around June 21, 2016
— around September 11, 2016
It’s not just gold that will be effected by the swirling chaotic mess that is just ahead. All financial markets will be roiling.
This is a time to be actively engaged in markets, as the hypnotic thrall of central bankers finally wears off and traders and investors are left to face some harsher realities.”
Wow Norvast…excellent find
Nov 20155 was the Bottom
June 2016 was a significant higher bottom
Sept 11 2016 is NOW
pass the popcorn