To: 2MAR$ who wrote (78954 ) 9/6/2011 1:00:34 AM From: TobagoJack Read Replies (1) | Respond to of 217755 re gold, in in-tray a few days ago when i wasn't watch 2011/9/2 r2011/9/2 ronald stoeferle < ronald.stoeferle@gmail.com > Attached please find my friend Bill Sarubbi's (aka "Bill Meridian") Cylces research letter... probably the best publication on cycles...here are the main points: - After the 2nd, the cycle suggests that the up move will continue into the following Friday, the 9th.The short-term technical indicators support that view, but the longer-term measures suggest that the corrective action that began in the spring and summer has further to go. The market action after the 9th will be vital in the determination of market direction for the rest of the year. - Markets are polls where people vote with their dollars. To the extent that politicians ignore markets, they are ignoring the opinions of the people that they represent. The people voted on the US budget deal on August 2nd when the Dow fell and gold rose. But did the politicians listen? No, short selling is now being banned in certain stocks in Europe. This is a sign that the war on free enterprise is not near an end. - There is a cycle of about 224 years in length. Years ago, I projected that the cycle would bring back attitudes and trends from America's revolution. A Rasmussen poll shows that just 17 percent of Americans believe that the U.S. government has the consent of the governed, an all time low. Pollster Pat Caddell says that the results of this survey indicate that Americans are now "prerevolutionary". I expect this cycle to intensify into 2012-2015. This cycle measures polarization within a society which will be at a peak in the next 3 years. The London riots are likely to spread. - The years 2012-2014 are marked by cycles as being important. As indicated in past reports, 2013-2014 are years in which much debt comes due and the Bush tax cuts are due to expire. These are the fundamentals, and the cycles are the timing mechanism. These will likely be crisis years that will be similar to 2008. I expect the USA to be blamed for the event. It is already starting. First Russia, and now China, is pointing to the US debt as the greatest drag on the world economy. When NYC went broke in the 1970s, a Municipal Assistance Corp. or Big MAC was set up to manage the city's budget. I expect the international community to set up a similar institution to manage the US debt. They will use this opportunity to alter US policy in ways that will remove obstacles to enable the US to fit into a one-world government.- Gold: At the 1980 peak, gold was 150% over its 200-day moving average; it was only about 22% over its M.A. at the August peak. This suggests that the August top is not a major one. - "A cardinal rule of international finance is pay more attention to what central bankers or governments do than what they say."-John Exter, former Senior VP of Citibank and VP of the Federal Reserve bank of New York