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Does This ‘Elite’ Magazine Cover Predict A Major Global Event For November?

Does This ‘Elite’ Magazine Cover Predict A Major Global Event For November?

theeconomist

Last week highly acclaimed cyclical analyst Bo Polny warned of an imminent failure in stocks that could lead to a complete meltdown in world markets in November. As Michael Snyder recently noted, Polny has accurately predicted market movementsover the last three months, suggesting that his current cycle theory may be worth considering:

In recent months he has correctly predicted that U.S. stocks would begin to drop in July, that there would be a huge plunge in August and that that the month of September would be rather uneventful.  Now he is saying that he expects “November to be a complete meltdown on the U.S. and world markets”.  Just because he has been right in the past does not guarantee that he will be correct this time around, but lots of people (like me) are starting to pay attention.

Though the Fall of 2015 was forecast to be rocky for the global economy and financial markets, we have yet to see the full-on collapse that many expected. This has, in many cases, left the impression that the U.S. economy remains on solid footing. But those who follow economic news and recent financial reports from some of the world’s leading companies know different.

We may not be seeing an overt collapse of the system as we know it, but behind the scenes it is clear that we are experiencing an implosion and loss of confidence. This is apparent by the massive flight of capital from some of the world’s leading investors into safe haven assets like gold and silver. Moreover, wealthy individuals around the world are expediting their efforts to prepare for the eventuality of collapse by stockpiling food and acquiring stylish emergency shelters.

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Expert That Correctly Predicted Market Moves In July, August And September Says Stocks Will Crash In November

Expert That Correctly Predicted Market Moves In July, August And September Says Stocks Will Crash In November

Dollars Folded - Public DomainWhen someone is right over and over and over, eventually people start paying attention.  Personally, I have learned to tune out the “forecasts” of most “economic experts” out there.  As an attorney, I was trained to be skeptical, and I have found that most forecasts about what the financial markets are going to do are not worth the paper they are printed on.  However, once in a while something comes along that really gets my attention.  Over the past few days, I have seen a number of references to the remarkable forecasts of Bo Polny of Gold 2020 Forecast.  In recent months he has correctly predicted that U.S. stocks would begin to drop in July, that there would be a huge plunge in August and that that the month of September would be rather uneventful.  Now he is saying that he expects “November to be a complete meltdown on the U.S. and world markets”.  Just because he has been right in the past does not guarantee that he will be correct this time around, but lots of people (like me) are starting to pay attention.

So how does Polny come to his conclusions?  Well, he uses something that most of us hated when we were in school – mathematics.  The following comes from the Daily Sheeple

Cyclical analyst Bo Polny of Gold 2020 Forecast utilizes advanced mathematical formulas and years of cyclical analysis to make forecasts about global stock markets. In late July he noted that U.S. stock markets had hit a top and that investors should prepare for a rapid down-move in the Dow Jones and other indexes. As we now know, that prediction has come to pass.

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