So What Was The ECM September 2014 Turning Point?

 

The 2014.675 turning point in the Economic Confidence Model seems to have pinpoint the shift in capital flows. The US dollar is rising and this may yet move into a serious rally that will have the politicians in turmoil have some even talking about protectionism again since morons never learn a lesson. You have to understand that a rally in the dollar is necessary to turn down the economy for 2016-2020. The US economy is the only thing hold up the entire world economy as it stands right now. Economic growth is becoming extinct in Europe, Russia, China, Japan, the Bricks, you name it. Let the first shot be fired between China and Japan and watch how much dollar buying its in a single day.

 

The amount of dollar haters out there is staggering. They just cannot see that the US debt of $17 trillion is not a negative – it is a positive when there is $30 trillion in central bank reserves and country wealth funds. There are not enough dollars to go around when there is no other place to stuff your money. This is a global problem that Europe has decided to inflict upon the world with its brain-dead idea of trying to create a single currency without a single government. Oops – too late now. Confidence has been lost thanks to France. France’s dream of competing with the USA and surpassing it – well Hollande wiped that dream from the slate – as the Italians would say – Arrivederci Francia.

Even gold has fallen for two weeks since the turn in the ECM. Gold’s Benchmark was 9/15 and that producing a low warns indeed we will see lower prices ahead. The second part to the metals report is Silver. This covers silver in all the major currencies, the silver/gold ratio, and the conclusion for the targets in time and price with respect to gold and silver. The third part is Platinum, Palladium, and Copper. The gold promoters just can’t get it through their head, sometimes there are bigger issues to consider like the global economy and where do the metals really fit in.