Financial trends analyst Bo Polny is predicting a market meltdown starting next month, November 2015.
Bo Polny has developed his own forecast model based on analysis of historical cycles and mathematical calculations. He overlays his mathematical calculations on top of the cycles for greater precision. He provides his forecast results to his subscribers at his website Gold 2020 Forecast.
Like any forecast model, the results are only as good as the assumptions that go into it, so no forecast model is ever 100% accurate. I usually tune out whenever any so-called expert starts predicting the future because they are often wrong and I don’t like having all the voices in my head. I usually find their analysis of the past helpful, but beyond that I look to God to reveal the future. However, whenever I hear an expert prediction that agrees with what I already believe the Lord has revealed then I find it worthwhile and worth sharing. That is what happened in this case. Bo Polny’s forecast agrees with what the Lord showed me, which I shared in my previous post, Warning: Sudden Economic Collapse Coming in 2015. I was not shown the month, but I was told the year. With only two months left in the year, Bo’s forecast has at least a 50/50 chance.
Bo’s model appears to have an impressive track record of accurate predictions, including the following:
- Price of gold reaching $1900 in 2011
- China’s stock market peak in April 2015
- Hong Kong market peak on April 29 2015
- U.S. stock market drop beginning in July 2015
- Sharp drop in the stop market in August 2015
- U.S. stock market uneventful in September 2015
Following the big plunge in August, the U.S. stock market has recovered about half of the losses, but Bo’s model indicates it has already reached the turning point, which he calls the blue index time period, and should now start turning back down. He predicted the turning point would be October 13, but says market turns sometimes take a little longer than his model predicts.
In an interview with Future Money Trends on October 17 2015, he made the following comments:
“Now we are expecting the next leg down on the U.S. and world markets on the dollar. What we are forecasting now is the lows of August are all going to break. They could break in the month of October yet, but we believe they will break no problem into November. We expect November to be a complete meltdown on the U.S. and world markets.”
He also posted the following statements on his website:
“If you thought the crash of August 2015 was bad; November 2015 is expected to usher in the START of the US Stock, Dollar, and Treasuries Market MELTDOWN!!!”
“The end of this year ushers in the start of an Economic Meltdown that is to last years! The U.S. Dollar, Treasuries, and Stock Market bomb is set to blow in November 2015!”
Looking beyond the November meltdown, he made the following comments during the same interview with Future Money Trends:
“As the markets collapse we are looking for a cycle low, and that on our stock market index is a specific date, the black index time point. We have that specific date currently that we forecast to be the next cycle low before a bounce occurs. Then following that bounce, there will be a bounce into a lower high. Then following that we can see continued downward pressure and momentum into the year 2016 for a significant price low, possibly down as low as 70%. We’ll have to see how low it goes, but it could be something of that magnitude.”
“Ultimately, the long term picture is still a five to seven year down cycle so into the year 2020 to the year 2022. That is the bigger picture.”
His forecast model predicts a stock market crash of 30% to 50% before the end of 2015 and up to 70% in 2016. The complete audio interview is shown below.
Author: James Bailey
James Bailey is a blogger, business owner, husband and father of two grown children. In 1982, he surrendered his life to the Lord Jesus Christ. In 2012, he founded Z3news.com to broadcast the message of salvation by reporting end time news before it happens.