If you’re like me and at least 100 million other souls in America, not to mention millions more overseas investors who are bound to tune in as well …
You’re just passing the day, like the markets are, waiting for tonight’s 9 PM first presidential debate between Hillary and Donald. It should be quite entertaining!
Who will win? I have no idea. But I do know whatever the outcome, there should be very little impact on the markets. And if there is one, it won’t last the morning session. By noon, it will be over and the major trends will have resumed.
Right now, the dollar is looking weak, gold and silver rallied last week a tad, as did bonds, and the stock market is down over 160 points.
Cycles for all but the dollar still point lower into October, but gold and silver must start sliding soon, or we may be faced – not with a cycle inversion – but a much higher low than I had expected (which would be more bullish then expected for this cycle low that is coming due).
That would then mean we would turn around and go long, for the next leg up would be to at least $1,400 and probably $1,500.
Right now, just sit tight, and enjoy this evening’s true reality show. For that’s what it really is. A reality show.
One candidate who’s deceptive, dishonest, full of conflicts of interest against another candidate who has the biggest ego on the planet, who routinely beats up suppliers and creditors of his business, who lies through his teeth and who thinks he knows everything there is to know about leading a country.
Both candidates are perfect for the supercycle hell our economy is already starting to feel and will last another four to five years.
But I’ll make a prediction right here and now, based entirely upon my reading of my AI models, volatility, timing from my neural net models and my knowledge of how past crises of the magnitude that is about to hit us have panned out. And I predict it from a completely non-partisan position.
Donald Trump is going to be the next president of the United States.
Best wishes and stay safe,
Larry
