Martin
ask-socrates.com
March 14th, 2022 (PRO)
SUNDAY, 13 MARCH 2022 BY: MARTIN ARMSTRONG
There is still a shot here that the 14th may produce the low. As mentioned, Biden has been "bitch-slapped" by the military warning that he is pushing the world into WWIII. He has put pressure on Zelensky to compromise. When we look at the array, we can see that a low on the 14th is still possible from either a compromise giving a shy of relief and a bounce, or it still undermines the CONFIDENCE in the Euro and that sends capital fleeing to the dollar-based assets. Still, note that there is this Panic Cycle and a turning point the week of April 4th. But make no mistake about this, the money behind Zelensky's TV show came from an Oligarch linked to Soros and his obstinant approach has been no different from what we saw in New Zealand or Canada where they too are Young Global Leaders indoctrinated by Schwab. This appears to be the same tactic of his way or no way.
When we look at the German DAX, we can see that the market bottomed on Monday the 7th and then rallied. This warns that the week of the 14th could make a high not a low. This is rather ominous for the future for if we see a high the week of the 14th, that could signal a further decline lies ahead when we have a Panic Cycle and rising volatility in late April.
Turning now to the Euro, we can see that it elected all four Weekly Bearish Reversals from the January high and the first Monthly Bearish Reversal. However, it is below all four Monthly Bearish from the January high warning that 103-105 is the critical long-term support. A break of that level on a monthly closing basis will sound the alarm bell that Europe is finished with respect to the EU. We will see rising civil unrest, separatist movements, and the danger of European war. We have a Panic Cycle the week of April 18th in the Euro and high volatility in the first week of May.
What is shaping up is that it does not appear that the Euro has a bright future. On January 1st, 1999, eleven European countries took a historical step forwards by entering Stage Three of the Economic and Monetary Union thereby creating the Euro. We are now at the 23-year mark and we can see that the Euro looks like death warmed over. The risk that the Euro will no longer exist can arrive as soon as 2025. That is also where we have a Yearly Panic Cycle but very serious volatility and yet another Panic Cycle in 2030. That would be the furthest possible demise target being 31.4 years from its birth.
When we look at gold, this too implies that the high was due last week and that we may see a 2-week correction. It still remains the first week of April in the Panic Cycle. This may suggest that things could calm down perhaps increasing hope that Zelensky will finally compromise. This could help in creating a 2-week correction and that things perhaps increase in tensions against in mid-April. |
