 The following is a presentation of TFNN Trade what you see with Larry Pezzavento Toll free at 1-877-927-6648 or internationally at 727-873-7618 Now Larry Pezzavento Okay, looking good Billy Ray feeling good Lewis. I want to wish a very happy birthday to one of my dear friends over in Denmark Fleming Danielson today is 45 years old God bless you my son and keep those fires burning out come over and see you one of these days We're going to have a very special guest for the first time today Andrew Pencioli from study for the foundation for the study of cycles will be our guest today And then he will be on a week from today Discussing some of his work in cycles. So I think you're going to enjoy it very much tomorrow We will have Tim bossed one of the one of the guys. It's always in the timer digest He and one of our frequent visitors here He will be on tomorrow at 9 30 from cycles from financial cycles weekly out of Sarasota, Florida Now I have sent the two charts that we watch every week is the tax and then also The footsie to see where we are and we'll see how that works out at the end of the day But they should be in some type of a of a topping mode in here The Fed is in today as they were yesterday folks the news after the close last night Reminded me of two thousand the dot-com bubble. I had not seen that type of explosive move in these things I mean Tesla was up a hundred and twenty five dollars a share Facebook was up twelve percent up to up twenty five thirty dollars a share Microsoft was up ten. He's Microsoft up ten percent. That's a lot of money folks and then Google was up a hundred dollars also In fact the Microsoft broke and Apple was up, too Many of these broke the ABCD patterns and I put a lot of effort in thinking that was going to be You know the top of the market and of course I was wrong because we went higher yesterday and but We did we did shatter those now They've backed off a little bit this morning as you can see the markets backed off a little bit But let's look at what I think was the most important thing from number wise if you like numbers Yesterday in the Nasdaq and this was after the close remember We had a whole bunch of stuff coming out and it was really if you followed after the close I was literally Shocked to see where those prices were you'll notice here that we went up to the we got to 9118 folks that was a 78 percent level. I believe the high was 9131 I believe so it went a little bit higher on a fast tick and then Immediately came down but hit right up to that level which was interesting and the only way you can do that it's with those big stocks like Microsoft Apple and You know Facebook Google Amazon all of them, you know Google it really didn't drink, you know app Shut up Larry Facebook made a pretty much of a double top. I don't know what's going to happen folks all I know I know one thing and I'll get this up here and Let me get a look at it right here is the cash S&P 500. I'll tell you a little story behind this Okay, here's there's where we were at the time yesterday that we were trading at 93 21 which was the 61% retracement of the whole move down the high of the day was 29484 and I had my finger on the button to send out a cell signal to everyone and I said well, maybe I better not do that and so just as I was doing that I got a phone call folks from someone that I haven't spoken to in 15 years Going back to my Drexel days. It's well. It's been at least 15 years He everybody knows who this guy is and I'm not going to tell you who it is because he asked me not to do it But he he called me to tell me he said, you know, I listened to the show He said I listened to the archives at TFN and I said you got to be kidding me And I said no, he said I I really enjoy it. Anyway, he's quite he's getting elderly now and But you know who he is But it was really funny because we start chatting and he said look He said I still have kugarens and maple leaves that you bought for me back in 19 you know 78 and 79 and he said I still have them and He had over a hundred which was that's quite a bit and he asked what he should do with them And I said well, I know you don't need the money I said, you know, how many grandkids do you have now? And I think he said five and I said well, just you know, give him to them You know, you give him the actual coins don't give him the cash Because they'll think more of their, you know, great grandpa giving them coins and they will that and tell him not to sell You know, just hold on and see what's gonna go on. I said now, that's good But ain't that that really made my day and right after talking to him right after talking to him I sent out the signal that I thought, you know, we should sell it there at that level and whether it works or not I don't know I put the stop or break even now to see if it's gonna work or not But we'll we'll see what's going on folks. Let's talk about gold for just a second Okay, because there's a lot of things happening in gold that we don't discuss very much I get my hats off to Steve Rhodes because he does talk to you folks about this occasionally and that is when you price these gold No, he's far more. He's he's far more. He's far more than He's far more Famous than Mortimer Randolph-Duke's I can promise you that. Okay. Let's get up here and take a look here You'll see here from the you see the high back there in 2011 and the this is the gold based in euros So you look at look what's happened. We had this explosive blow off now Look look at that volume folks that we had just a few weeks ago about six or seven weeks ago we got the gold down to a 1475 and You know, that's a that's a heck of a move, you know, that's a you know, these are these are huge moves Now, let's look at it again. We'll look at it in in in the end. Look at the end How how what the move is in the end here? It's just absolutely phenomenal. Hold on a second here Clarence Beaks is in his cage on his way to Africa. Let's get back here You'll see this is a huge move here. And so the gold's had an incredibly explosive move here We haven't only let's just do one thing at a time here because I want to do the other Let's do the last one, which is the British pound is still pretty good, too So the people that are buying him in those currencies, you know, they have and they held it all the time You know done pretty well but look if you did it with the US dollar all we've been able to do here is to look at the gold in relation to Where it's been and where it's going in this give me one second here to put it up here I just did the here it is right here one second See all we've been able to do in the gold market is to Make a 78% level now stop and think all those other currencies, you know They shattered those levels from August of 2011. So I that's why I'm a little bearish on the gold That's basically what I'm watching and so and that's what I that's my It's my theory and I'm sticking to it. Let's look at one other thing here On I wanted to show you gold on a shorter term basis. Okay, this is what we we almost made this last night We missed it by about two bucks Is that high up there in that little garden? We only got up to 37 and I was looking for about 41 and Then it's you know backed off back to about 1714 again, but it's not looking good in silver still looking not very good, you know, it's Be able to see what's doing it. I Don't know what I mean. Al Franken is indeed in his cage Al Franken wasn't he a wasn't he represented from whatever it was? Huh, I don't know remember that anyway Okay, Jim Belushi was Al Franken was I Don't remember that who what what what did he play? Yeah If you're not currently using the Taz profile scanner when looking at setting up your trading opportunities Then your arsenal is short a mighty weapon The Taz profile scanner is a standalone piece of software that instantly filters over 2,500 global financial markets such as stocks ETFs commodity futures and forex headed by Steve doll Taz understands that in today's technological world the use of top-flight software applications and technical analysis Expertise is essential to successful trading in today's market You also gain access to the webinar that Steve doll and Tom O'Brien just hosted the best way to use the Taz profile scanner to profit This webinar archive is available for all subscribers immediately upon signing up all new subscriptions Also come with a 30-day money-back guarantee so you have nothing to risk Start your subscription by visiting the front page of TFNN comm today And you'll find the Taz profile scanner under the services tab sign up today Are you in the market for buying or selling real estate in the Bay area including the surrounding st. Petersburg Tampa and Clearwater markets Tiger real estate LLC is a firm that has extensive experience in the Tampa Bay area whether you're looking to sell your current property for maximum value Or you're in the market for a second home or investment property Tiger realty has the experience across all areas of real estate in the Tampa Bay area to help buyers and sellers make the most informed Decisions across all price levels from the price You should be paying per square foot in certain up-and-coming areas to the type of cash flow investment properties are capable of creating Tiger real estate can help you make the best decision when it comes to all areas of the market before you make one of the Biggest decisions of your financial future call Tiger real estate LLC today at 727-329-8322 Or email us at Tiger at TFNN comm that's 727-329-8322 call us today TFNN is launching an open house for our Tiger's Den for a limited time You can get a 30-day free trial to the Tiger's Den Just enter promo code open at checkout and pay nothing for 30 days Well, you try out your Tiger's Den membership as part of our open house with market Volatility at an all-time high and people all over the world working from home If possible TFNN is hosting an open house in our Tiger's Den The Tigers Den is an interactive chat room that runs all day where other tigers and Tigresses discuss trading ideas with the hosts and members along with charts and current market news as well as live Access to the charts the hosts use during their programs join us for the Tigers Den open house begin your Den membership today by just entering Open at checkout and pay nothing while you try things out for 30 days for all the details and to start your Den membership today Visit the front page of TFNN comm don't miss out on the TFNN Tiger's Den open house taking place now sign up today toll free at 1-877-927-6648 Internationally at 727-873-7618 Okay, folks I put up a chart here of Crudall going back to 1861 when I first started trading that right there when the Civil War started You can see they had a big run-up in Civil War era's that was a little bit before automobiles and airplanes And then they had a little bit of a sell-off from 1861 all the way down into the Time when OPEC was founded in the early 60s by Armand Hammer I had a Los Angeles and we had the the Yon Kipper war if you remember that we had the Iranian Revolution that's where we had you know gas prices were I forget how much they were but it was a lot and then we had the big sell-off that happened after the Iraq war in Desert Storm and then we had the big run-up where Goldman Sachs Said oil was going to go to two hundred dollars a barrel and then we've come all the way back down to Minus thirty seven dollars a barrel but frankly the actual price would have been around six dollars based on the June contract and you can see here in 2020 what's happened and frankly folks if these oil prices stay down at this level it is going to have some huge Socialogical problems in Saudi Arabia and in Iran and also in Russia because they rely so much on the price of oil What's amazing to me is the price of gasoline has only dropped about 25 or 30 cents a gallon here. We only put we pay $1.83 here and In Tucson, I know California the taxes on it are more than that But the price of gasoline is not dropped and people are you know not many people are driving We can tell you know when we do go out here to get our groceries and stuff that People are you know practicing social distancing and stuff, but I will tell you this this is my two cents We're let me jump up on my soapbox for a second I think this darn thing when they go back and look at history is going to be one of the biggest scams They've ever perpetrated honest folks. I know it's bad and I know some people have died and when you die It's really bad, but by golly for what we've had to give up to what's going on It ain't worth it. You know, we're giving up freedoms that we're probably never going to get back you know, we've destroyed the We've destroyed so many industries the restaurant industry the theater industry You know basically the travel industry is decimated the stock You know the unless you own a Tesla things are doing pretty good, but it's truly amazing You know what's really happened? I noticed now that on the on the Advertisements now they're selling your masks now for $2 a piece These are masks that you could have bought for 40 cents at CVS just to you know back in early November December before this all happened So we'll see what's going it. I love that with Donald Sutherland. I mean, oh my gosh that you know, I watched that movie back in 1957 and I Actually, I was I started college the next year, but I actually had I had Nightmares over that movie that was such an amazing movie. I still when it ever does come on I go in and watch it because it was really really good. I I really enjoyed it very much course Ancient astronaut theory says yes, it could happen okay, another one, of course was Soylent Green with Carlton Heston was also a very good one here We're going to have Andrew Pancoli coming on and he's really good the thing. He's really really smart guy and Andrew actually knows my friend mr. AZ over in the UK That does the work on Federal Reserve and all this other stuff. Okay, we have a question that someone has asked us about and I am going to Bring up the chart give me one second and I will have it for you and it is where are you? Where are you? Oh dear, I do this and you know, I I can't find the darn thing. What did I do with it? Shucks Oh, here it is. This was the bottom of the 2009 market. Hold on one second They asked me the the question, you know, why was I so bullish back then and the reason why there was a three drive to a bottom pattern Okay, and it was there was so much astrological stuff This was the Bradley model which you know, sometimes it works sometimes it doesn't but the I'm going to start using again just because it does short term it does pretty good too But that that just had everything there and we were setting right there That was the Dow Jones. The Dow Jones was at 6400 And that was a 61 percent retracement off of the low from I believe it was from 2000 and from 1987 I believe And it was you know, just pretty much spot on and you know, just said this looker was going to do it I said we're probably going to have a rally that the best one we've had in many years But that's nothing more than a three drive pattern folks. I watched those three drive patterns Because they really do work. I mean Linda Ratsky calls them three little Indians But look at the if you just look at the this is the s and p look at the high way back here And if you remember this is when the s and p was trading at 3390 We were this is the cash s and p But we have a three drive to a top pattern there And if you blew it up, you could see a lot easier but to get it on here You got to you can't expand it too much But that's the same pattern that you're looking at here And we see these happening, you know, they don't work all the time But my golly when they do you have to pay pretty close attention to these things Michelle, I'm going to have the Bradley tomorrow. I've got a meeting this morning with John John and Howard Errington at Ensign to do a couple things for me that I've got to Get get straight and one of them is the Bradley model and we'll be able to You know be able to get up to date with that. So that's another one. Okay now I don't know what you mean well You can always tell when a three drive to a bottom pattern fails folks as it just keeps dropping So you buy it at drive three and that's usually a 1.27 or 1.618 expansion And if you go beyond 1.618 you are flat out wrong That's that's that's what you have to do. You just got to move on and do the next one That's that's all it happens to be The reason why I set that thing out yesterday on the s and p is I was looking at that And I had three phone calls from students and people here at tfnn that listened to the show And asked me if I was selling that Gartley and I was looking at it and I said, yeah Here I got the Fed in here. I got it. You know, what are we gonna have to do? And I looked at that and then I remembered You know, I built my whole career on that pattern and You know, I do a lot of pattern recognition, but the whole thing changed for me with that back in 1975 So if I can't do it now, I can't do it at all and so I did it and then I see the news coming out Oh my god. I saw the prices running I mean that the nasdaq jumped 130 stopping right at the 786 by the way and the s and p didn't do much It rallied a little bit. I think it rallied dirty handles, which isn't really very much, but I don't know what's going to happen. All I know is if we go above that high yesterday, you know This probably going to go a whole lot higher. But that's the way it looks right now. That's a perfect pattern I remember waiting for that pattern way back in 1975 in march and I said son of a gun It was in soybean oil, but that's what it was Okay, okay. Well, that's good. All right, let's move on. Oh, we're gonna have a break coming up pretty soon We're gonna have Andrew on and we'll have we're just gonna be chatting today folks He's gonna talk to us about the renovation and re rebirth of the foundation for the study of cycles That used to be in Pittsburgh, Pennsylvania when we had Edward Dewey and Gertrude shirk I got to know Gertrude relatively well after a mr. Dewey had passed away And I remember that the only time I met mr. Dewey He said that uh to always think about astrology and at that time I thought he was playing Two french fries short of a happy meal. We'll be right back with Andrew Picoli out of london england Larry Pezzavento watches the markets 24 7 and now is a great time to try out his daily trading service Fibonacci 24 7 Larry publishes videos and charts for subscribers throughout the week when warranted and every weekend He puts out a thorough report covering worldwide markets futures commodities and currencies With Fibonacci retracement levels possible trading setups and zones and stops and targets for all recommendations included Larry applies the principles he's developed over decades of trading while analyzing a variety of markets for subscribers To see for yourself the types of videos charts and analysis that larry provides for his subscribers Sign up for Fibonacci 24 7 today by visiting the front page of tfnn.com Under the newsletter tab you'll also gain instant access to larry's archive subscriber webinar from earlier this year New subscribers get a 30-day money back guarantee. 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Larry thank you for having me on your show. Good morning to you there Well, thank you so much. Good afternoon to you Andrew tell us who you are and what you're doing with the foundation for the study of cycles and then folks We're going to have Andrew on next week on a week from today We're going to be showing some of his own work that he does and he's quite famous in his own right So why don't you tell us about the foundation? You know, what's been happening over the evolution? The last few years ever since David passed away. So Just go right ahead my friend Sure. Well, thank you. Well, first of all the foundation is back We'd like to say the phoenix has risen from the ashes We're back under the leadership of dr. Richard Smith who many of you will be familiar with who's done a fantastic job um Clearly after the sad passing of David Richard and a team of us got together to uh resolve the outstanding issues and we brought the foundation back and the first point is it's now back as a 501 3c as a non-profit and Our aim really is to get it out there to to help people understand cycles not only in markets Obviously, but but also, you know, we want to resurrect a lot of the work that Edward Dewey did and Now is a great time because If we look at the history of the foundation It was um really started back in 1941 under the leadership of dewey who was the chief economist And the purpose of it was really that to see if they could find a reason um to For why the great depression occurred and if they could Really work that out and see if they could prevent further depressions. Well, that's exactly 90 years ago And so here we are 90 years down the road. We are heading into this. We've had this stock market top You know 1929 plus 90 years take us to 2019. We just went through it by a few weeks But what so very few people realize is if you go back another 90 years You'll go all the way back to 1839 and there was a big top in 1837 with a depression all the way through to um 1842 so these things clearly move in cycles And that's the message we really want to get out there So richard has got a great team together. There'll be some names that you know Well, like bill syrupy's are come on board. He's literally on the board jake bernstein Several other people last spontaneous from germany We're getting it all together. We want to educate people about what this is all about and what i'd really like to mention Is that this saturday? We are having our first sort of webinar Well, jake did a couple uh a few months ago, but we're really launching now and we've got a new website up At cycles dot foundation. That's w w w dot cycles dot foundation and if you put a forward slash and add webinar You can come and join us and in that webinar. We're going to look at the long-term market cycles. We're going to look at Some of the cycles that have led to uh the covet 19 virus as well And you'll see how clearly these cycles repeat. So this is all the sort of information we want to get out there But we also want to encourage Really the the submission of this work. We're going to look at we're going to revamp the stuff on weather forecasting You know crop cycles everything that anything that can help people, you know, this is a time for a new understanding You know, this really is about harnessing the power of cycles to make the world a better place And you know geopolitical cycles are very strong as well. Again, we can have a look at those a little later But really we just want to get a growing awareness of the cycles and these phenomena and how we can be more balanced about this and You know people we've all seen boom and busts and these are driven by people's refusal and inability to contemplate cycles Larry so it's very important. We're very excited about that Um, you know, so also what we're doing is, uh, you know, we really want our members to be able to contribute We're looking for any sort of uh material to be sent in from people that want to do that We'll consider it for a publication It is our intention within the next few months to a year to restart the old cycles magazine I mean, we'll move it into the modern world and uh, we'll put it into the digital era And uh, also, uh, we've got a for our members We've got a little app, uh, which is uh, well, I said it's a little app. It's a very powerful little program That allows people to uh, put their own data in and look for the how these cycles work and uh, you know Bit in any data set bit any market data stock data Weather data, you know, rainfall data, whatever you want to look at if you've got it in an excel file You can put it in there So we've got a lot of good stuff going and uh, you know, we've started off. We've been working behind the scenes. We've Uh, for the last several months actually more than that over a year and a bit now after uh, the passing of David There were some loose ends to tie up. You know, we've resolved all the issues with the irs. We've reformed as a 5013c and most importantly, uh, we've managed to get back a lot of the collection there's there's a lot of unseen work of edward dewey's and uh That we've got back from various parts and Nathaniel Hanson is with us. He's uh, been collating that and we've got most of it at a we'll call it a secret location And we're cataloging that right now and and we want to get that out there because You know, those of you are familiar with the work of the cycle foundation for the study of cycles will know that um You know that the magazine was out there. There were several books published as well Dewey himself was a prolific writer Uh, but there's a lot of stuff that wasn't out there So we want to get that out there and we want to get people excited about this You know, I think if people understand that, um, the world moves in cycles Then, you know, they'll have a better understanding of how to manage their lives and make the world a better place larry So that's that's really what we're doing to start with. Um If that's that's the first answer to your question Well, that's uh, you know, they've always been very philanthropic You know, I've always felt they were very very helpful But the fact that they're back Is uh, really very important because I know tutor Jones took it over for a while But then I think he was just too busy Doing too many other things that he wasn't able to give at the time That you really needed to probably ought to be at a university setting Uh, wouldn't you think andrew that that might even be the The best way to do it, you know, maybe the london school of economics or something like that You know, maybe give it some really good, uh You know things that are, you know accolades that would really make it better I don't know. It's hard to do that. I imagine but I would think if he had an academia behind it, you know, would really be You know, even more important. That's what, you know, andrew low does You know with his work on artificial intelligence and all this stuff that he does at mit But that was just my first thought Well, I think larry that's a great idea But I also think, you know, we don't want to go down the road of exclusive academia We want to make this uh available to everybody, you know, let me give you an example You know, right now we have um The pandemic going on, you know But if we go back around about 18 to 18.6 years, you'll go back and you'll see that we had SARS in in the far east and uh, and also go back another 18.6 years and you'll see that AIDS and hiv was proliferating and then you go back another 18.6 years and you'll see that There was the hong kong flu was about so they know there's a pretty clear virus cycle and then other people are probably familiar with them The 1918 to 1920 flu epidemic, you know, but if you go back 100 years from there to 18 18, there was a big collar outbreak and then you go back another 100 years You there was a small prox outbreak and then you go back another, you know 100 years Back to 16 18. There was there was another massive plague. So and and the the midpoints of these the 50 air points are Are really significant as well. But I don't want to bore you too much with that But the point is that what we're seeing is the 100 year cycle which approximates the 1990, you know, 1920 We have we have to pay a few bills. Could you stay with us for the second half of the show, please Would be delighted. We brought back in three minutes eight seven seven nine two seven six six four eight If you're in the cd market and looking for a secure investment The tiger first mortgage program may work for you The security for these first mortgages are building lots in the tax opportunity zone in st. 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If you would like more information about the tiger first mortgage program, you can call me at 877-518-9190 That's 877-518-9190 The gold market has taken off top side in a large way in 2020 If you want to take advantage of this sector now is the time to subscribe to my gold report The gold report took profits in four of its equities in the gold portfolio in the first week of january for a combined profit of 99.2 With two positions left in the portfolio that have a profit of 67.5 as of january 7th The gold report is a comprehensive look at the metals sector as well as the markets that move gold Which is the currency and bond markets new subscribers get a 30-day money back guarantee So you have nothing to lose every monday morning I published a gold report with coverage of gold silver bonds the xa u hui gdx as well as more than 30 different mining equities To seep yourself the types of profitable trades that are recommended within the gold report sign up now by visiting tfnn.com Don't miss out on the next great gold trade sign up today Fill the smp 500 continue to climb for bold trades on us large cap stocks in either direction trade spxl spu u or spx s directions daily smp 500 bull and bear leveraged etfs Direction leveraged etfs an investor should carefully consider a fund's investment objective risks charges and expenses before investing A fund's prospectus and summary prospectus contain this and other information about direction shares To obtain a fund's prospectus and summary prospectus call 866-476-7523 or visit Directioninvestments.com a fund's prospectus and summary prospectus should be read carefully before investing An investment in the funds is subject to risk including the possible loss of principal The funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor four-side fund services The bull bear trading hour with tom and tommy o'brien next Okay, we're back folks. We're talking with andrew ben coli from the uk on cycles and what is your title? Uh, right now. I mean are you uh, what's the foundation? I'm I'm one of the board members alongside richard smith and um, I think there's uh, the six of us at the minute. So Uh, yeah, so dr. Smith's our CEO and um, I'm just assisting him as we all are Bringing in research and bringing the you know the tech side of it together and just you know creating content really and just getting the The whole the whole organization out there and up and running and you know What really we were saying, you know, we were talking about the virus cycles for example, we want to get that information out there And help people understand why these are coming together and so that's you know So it's great from an academic viewpoint, but it's it'll be fantastic to have this there for the public as well and And that you know, they understand that we got this big 100 year cycle set coinciding with this 36 year cycle or the 18 year cycle set you know as I mentioned between AIDS and SARS and COVID-19 and also, you know this 18 year cycle that we're talking about Think about the lockdown and the fear and you go back, you know, it's 18 and a half years go back 18 and a half years We had 90 we had 9 11 everybody was in fear then, you know And so understanding that these cycles are coming in but more importantly If you understand a cycle, we know that there is always good news at the end of the cycle You know when people celebrate when the markets are heading up or when there's good news and we're on an up cycle But it's when they when we get a low cycle that they want confidence So, you know, we're really saying that yeah, you know, we had a recession and a depression in the 1930s We came out of it, you know, we we got through Other things in the past, you know, we got through 9 11. We got through the other virus cycles We will get through this and that's the hope we want to put out there And that's really why we want to have this Out and accessible to everybody and we want to make it fun as well Um, but also just raise awareness, you know, you showed a fantastic oil chart there, larry of um the The long-term history of oil and one of the things that I've been doing and maybe we can talk about this next week Is look at the super long-term cycles. There was a big oil collapse 100 years ago So just like the virus cycles repeated 100 years ago oil collapsed in 1920 And uh, you know, this is these are the things that most people especially in the markets don't look back far enough So if we can educate people and say you need to look at the big cycles as well But also, you know, you take the midpoint and I've just got a chart here Of of the stock market cycles. We talked about the 90 year cycle between 1839 and 1929 and 19 2019 2020 and If you take the midpoint of that which is 45 years and you go back to 1974, what did we have larry you and I remember that There was a little crisis. Yes. Oh, yes Yeah, oil crisis and not just an oil crisis but chaos in the middle east I think we're going to see some unrest there in the middle east because I think people are going to want the oil price up That's going to lead to a little bit of war stuff coming on and that's the sort of stuff. We're looking at at the foundation And you know, just and whilst we're on the subject of the 45 year half cycles You know, if you take 1929 and you go back 45 years, you got 1884 and that was a depression in itself You know, there was a a few banks collapsed around about that so, you know history repeats and Certainly my work, which is what I'm putting into the foundation along with everybody else is showing that these things repeat in mathematical patterns So, yeah, we'd love to have academia involved We want to take this up to the highest levels possible But we want to have the public involved and we're also trying to raise Funding to do all this. So, you know, if any of you are out there or interested in getting involved We would love to accept sponsorships donations anything like that And it's very important and there has never been a more important time than now because you know, even if we go back six months You know, people would be thinking well the economy's booming the stock market's going to the moon, etc Suddenly everybody's sitting at home forced to you know, especially here in England. We're locked down. We're locked in I didn't think I'd be educating my kids from home at the same time as working my business and doing the research But that's what's going on and people have time to contemplate So this is a great time and you know, if we can just help people understand That, you know, after these tricky things come good things, then, you know, we're in a good place and Uh, and the more people become aware of this they, you know, we can have a better, you know, a better planet Because people will will understand that Things are not, you know, things are in in an order in a mathematical order There is always the the waxing and waning of these cycles larry Andrew have a question for one of our listeners I don't know if you can answer this or not But is the foundation going to go into some of the cycles out in the universe like Planetary things and lunar cycles. That's the question Okay. Well, that's a very good question undoubtedly This is all part let let's zoom right out, you know, all these cycles that we look at Uh are ultimately mathematical. Uh, there is nothing in the universe, but mathematical points on this I'm just expressing my opinion now within this and uh, you will know larry With the fibonacci sequences and everything there is mathematical proportion and everything And the universe and the cycles that uh, your listener there is talking about all fall into these mathematical patterns so We cannot ignore it or not going to ignore it, but it is all part of mathematical process in in these cycles and You know any logical objective research that comes in where we're happy to look at it and get it out there because this is very important stuff so, uh, you know, it undoubtedly, you know, the The seasonal cycle the solar cycle the seasonal cycle is the same thing. So there is validity in all these things Oh, there sure is now would you tell the folks how they can go to the webinar this coming saturday? Yes, uh, yeah, it said cycles dot foundation. So go to www dot cycles dot foundation forward slash webinar um, so cycles dot foundation forward slash webinar and We're really looking forward to having you on board. Dr. Smith is going to uh host the um session and uh I'm going to present some stuff on uh, how you can predict booms and busts and in market cycles show how The long-term cycles have come in. We've already mentioned the 90 year cycle we're going to a bit more detail about that but You know things like the global financial crisis of 2007 eight was exactly 100 years on from the 1907 rich man's panic And that was in turn on 100 years on from the 1807 Embargo panic. So, you know, these are pretty precise. So I'll show you some of those things. I'm going to show you how Uh, the hong kong situation arose with china and how the cycles in china have come together with 30 years on from tianaman square and 60 years On from the tibetan uprising and how all these things came together with the virus cycles and the stock market cycles and then Lars vantine and uh, a real Excellent gentleman who's uh been on the board for a few months now has created a fantastic little application Where you can feed data and and and it's proving to be uncannily accurate in cycles forecasting Clearly, you know, it's working well with a lot of the stock prices. We're putting in and other data We've just uh, we've been experimenting putting sentiment data in as well to see if we can identify the cycles So this is very exciting stuff and this is an app that's going to be available to all our members that's online so again, it's a Foundation dot cycles. Sorry Cycles dot foundation forward slash webinar cycles dot foundation forward slash webinar come and join us. It's free It's probably going to run for about 90 minutes And this is just going to be the first one of a series We actually, uh, you know, our great friend and fellow board member jake bernstein has Run a couple of these before and uh, you know, we're going to have a lot more as well coming up Well, that's great. Listen. Thanks for joining us my friend and we will have you on next thursday where we're going to talk about Andrew and what he's doing. How's that? That's fantastic. Thank you so much larry. Thank you for having me on the show And thank you for being on the show We'd love and would love to see you all on the webinar on saturday night. Thank you. Thank you I'm certain you are or strive to be one of the best of the best at everything you do in life It's the most common trait that we tigers and tigers share If you're looking to become the best of the best when it comes to managing your money Let me teach you to do what most wealth managers tell you can't be done Which is how to time the markets I'm steve rode's author of mastering probability and for the last 12 months Timer digest has been tracking my newsletter signals Which have earned me the ranking as their number one market timer in the nation for the s&p 500 for the last 12 Six and three months timer digest also ranks me as the number one market timer for gold as well The fact is markets can be timed and I'll teach you the exact set of tools that I use that has transformed me into one of the Best at what I do sign up for mastering probability today By clicking on the newsletter tab on the homepage of tfnn.com and get immediate access to workshops where I take you step by step How to use an extraordinary set of tools as well as provide great market calls to sign up today If you haven't checked out the newsletters page of tfnn.com What are you waiting for all of the tfnn newsletters are informative up to date Affordable and a must-have for every trader looking to gain a competitive informational edge in today's markets tfnn newsletters cover every aspect of the markets to offer you the very latest in market news Plus new subscribers get to test drive our newsletters risk-free for 30 days From all aspects of the markets including stocks bonds metals Commodities and tech. There's a newsletter to fit your needs exclusively from tfnn Stay informed each day you trade and get the competitive edge that will help you stay ahead of the game Visit our newsletters page by going to tfnn.com and click the newsletters button near the top of the page tfnn.com educating investors Markets trading with extreme volatility and peaks and troughs everywhere regardless of what you're looking at in the markets This is a great time to see the type of analysis basal Chapman delivers for his subscribers every market day with the opening call newsletter basal has been analyzing markets providing his take for subscribers to his trading services since 1984 every morning basal publishes an update for his subscribers Along with weekend and evening updates when warranted the opening call provides traders a daily market overview With regard to the direction of the key indices selective stocks and commodities along with specific recommendations Including stops and targets you also gain instant access to basal subscriber webinar archive from earlier this year A dark cloud cover an essential market analysis Ride the Chapman wave today by signing up for the opening call newsletter on the front page of tfnn.com Under the newsletter tab new subscribers get a 30 day money back guarantee So you have nothing to risk sign up today This segment is brought to you by think or swim for more information Just click the think or swim banner on the front page of tfnn.com Okay, we're back folks and I posted a chart the four-hour chart on gold We talked a little bit about this pattern before we hit that 78 percent level up there 1762 the high was 1764 We're now almost ready to break out of those lows from the 28th of april That's very important because all we were able to do over the last three days was to make a 50 percent retracement And if you did the work and looked at the abcd structure on this this will take us to the uh, 18 excuse me 1684 level and if we get below 1684 folks, we're going to be looking at the very large abcd going back from 1788 down to 1660 up to 17 64 that was going to take us all the way down to 1620 and that will be the proverbial line in the sand Because that will be a 78 percent retracement of the low from april 1st April fool's day and then also will be a 382 retracement from the low that we made way back in march when we were Down there at that 1470 level so that's going to be a very very important one to look at so That's uh, that's how we're seeing the gold right now. The silver still looks bearish. It's been lagging badly as has platinum We've covered that in the newsletter Quite a bit. So those are the few things that That look really interesting today I think the most important thing was the fact that we made that 61 retracement on the s&p And then we also made the exact 78 percent level that that just amazes me that it could do that at 91 16 it wasn't exact the high was 91 33 but between girls and boys That's very very close when you got a market that's moving as fast as that was moving last night. It was really Really quite amazing and that's what's nice to hear andrew You know talk about the mathematics of the universe because that's really all it's about folks It's just numbers and like einstein said before god was numbers and god does not play dice with the universe So these are a few things that i remember when i studied under albert einstein there at the university of chicago For those 12 years and if you believe that folks i still have a few shares of the brooklyn bridge Available for sale now tomorrow. We're going to have tim boston financial cycles weekly Live every day in an attitude of gratitude and may god bless