It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford

Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin

The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Saturday 12 August 2017


FTSE seems now to have confirmed with this week's 3 week engulfing reversal candle that the break above 7354 prev ATH was a False break and we should now embark on another bear market
the 200 dma is still rising and should offer some support initially

last weeks top came on Aug 8 which is a secondary date on Gann's Emblem,being midway between Jun22 and Sep 23 (primary dates)



  1. Gold can potentially blow the roof off well and truly. To smithereens. Obviously impossible to confirm but it is doable. If gold goes through the roof like that then stocks would most certainly decline in what would seem an implosion like manner. This week and what follows after that are key. Also if it goes up like the rocket to confirm this potential then obviously any B wave is off the table. Critical pivot was broken last week in the XAU/USD to provide support for that B wave to reduce in probability.

    Next couple of weeks will be fun.

  2. For something like this rocket in gold to come to get confirmed would be an event. A very big serious event. Staged or otherwise. Any event lining up in time with this high probability XAU/USD wave count would almost certainly be a *staged* event. Too much coincidence otherwise.