(TRUNEWS) Futurist and Market Analyst Peter Temple says cycles show that the world is entering a 500 year ‘Little Ice Age’ and that the Dow Jones will crash 90% in value by 2020.
Temple’s statements were made during an exclusive interview with Rick Wiles of TRUNEWS on Monday, while discussing how Alexander Chizhevsky’s Solar, Edward R. Dewey’s Business, Ralph Nelson Elliott’s Market, Nikolai Kondratiev’s Economic, and Raymond H. Wheeler’s Climate cycles can be used to accurately predict future trends.
Peter Temple said that carbon dioxide (CO2) levels increase as temperatures rise globally, and are set on an 800 year cycle. He noted that CO2 is not related to global cooling or warming, and this is a false narrative pushed by politically motivated scientists working with corrupt governments and the United Nations. As the Earth does however transition from Global warming to Global cooling, Temple said people can expect to see extreme weather as cold weather fronts collide with warm air patterns.
Peter Temple said this was significant because large civilizations tend to fall apart upon the onset of these half century droughts. In converse, populations tend to be incredibly creative during times of great rainfall, such as the 1960’s which birthed the Beatles. Peter Temple said global power has historically shifted every 500 years from the East to the West, with a major move East now well underway.
As for the economy, Temple referenced Dewey’s business and Elliot’s market cycles to show that the Dow Jones Industrial average will reach its top this month; and will subsequently see a 5 ‘Elliot wave’ gradual decline to eventually reach 3,000 from its current high of 17,900 points.
Peter Temple explained that the cycle data shows the first wave will be a 7-8k (30-40%) drop and will occur in next 6-8 months. The second wave will see a market rally, the third another decline, the fourth wave will be a ‘dead cat bounce’ of roughly 38% to last 1 year, and the last wave will be the big drop to 3k. Peter Temple believes the entire market will bottom out and crash by 2020/2021.
Peter Temple also emphasized in the interview that the world is currently experiencing a global depression which began in 2007, and will see a continuous rise in civil unrest and anger as foot supplies shrink and economic deflation increases.
For the full episode listen to the Monday, May 9th edition of TRUNEWS.
Peter Temple is a Futurist, Market Analyst, and International award-winning writer/producer/director for corporate and commercial television. Peter helps executives and entrepreneurs understand cycles and how they affect the economy, specific businesses, climate, social mood, trends, and a host of other important aspects of the economic landscape. Peter previously worked for many years with Canada’s largest retailers (including, McDonalds, Sears, the Bay) and multinational energy companies (including Petro-Canada, Shell, Husky Energy, Fluor Canada, Alberta Government) to develop and produce internal and external video-based communication.
Full article: Peter Temple: Cycles predict 500 yr Ice Age and 90% Dow crash (TruNews)