This latest update from Bo Polny is available now. To read his slide presentation, click here. This is the perfect article to start November with for this blog as we approach year end. Mr. Polny has made very bold and specific predictions about the price of gold and the US stock market. We are tracking that here. Tomorrow we will have an article titled "As We Near Year End 2014- Where Does a Reset Stand?"
Below is a summary of this latest update from Bo Polny and then a few comments:
In this slide presentation Mr. Polny argues that his long term cycles analysis indicates that gold will still have a sharp move higher by mid 2015 (he has moved this date back from year end of 2014) and that by 2016 the US stock market will be in a deep selloff. Here are the lead paragarphs from his presentation which he made recently at a conference in Spokane Washington.
"This past week at Cambridge House International Silver Summit inSpokane, Washington I had the privilege of meeting and speaking with both Robert Moriarty of www.321gold.com and David Morgan of www.Silver-Investor.com. During and after out speaking presentations one thing was extremely obvious; regardless of how we personally came to our own conclusions about the US Stock Market, Gold and Silver we all in the end came to the EXACT same conclusions."
"Mr. Moriarty described it like this, if traveling from Los Angeles to Dallas there are hundreds of ways to get there but in the end we all still end up in Dallas. It does not matter how we get there, it is that we all came to the same place/conclusion. What were the conclusions? Very simple… US Stock Market is headed down, & both Gold and Silver are headed MUCH higher and soon!"
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