Will Wheat be the canary in the coal-mine?
Wheat confirming the 90 year cycle again
Introduction
The world is in turmoil, stock markets are declining, commodities go through the roof. This will all have effect on our daily lives as inflation is likely to linger on for some time. If this continues for a prolonged period of time our daily expenditures will eventually become more costly on nearly all consumer products due to the increase in prices in commodities .
In Europe we are already paying the price for it due to increase in natural gas prices prior to the start of this winter and at the pump we see extreme price per gallon which are never seen before.
An extreme surge also took place in wheat which was already ongoing for some time. Russia and Ukraine dominate 25% of World export market on various grains. I am sure Russia is not likely to export their grains to Western countries, and I do not think Western countries will will buy Russia’s grains in the foreseeable future. This will have an effect on the price of wheat and other grains. See my earlier post on this today.
Why do we study wheat? As W.D. Gann mentions the extreme prices on wheat is very much associated with the Great Time Cycle: the 90 year cycle. This explains the current surge in wheat and probably declines in the stock market as well.
As W.D. Gann mentioned in his Master Commodity Course:
“When we start from Sunrise or the Horizon and measure to Noon, we get an arc of 90 degrees, which is straight up and down staring from the bottom. 90 months or 90 years is a very important time period. The 90-year Time Cycle is one of the very important ones because it is two times 45. This time period must always be watched at the end of long time periods. For example: 1932 was 90 years from 1842. Study the wheat around this time. 1850 and 1851 add 90 years and we get 1940-41. Note low prices of around that time.”
Also note that the US Stock Market Indices around the same time were opposite the Wheat prices, so extreme lows were recorded in 1842 an 1932 for the US Stock Market Indices. This is the importance in following commodities and in particular Wheat. Wheat has been important for human mankind for ages.
Our paid subscribers here on Substack can continue reading this weeks analysis on Wheat, the cycle we are in and the probable target in price and time for a high in Wheat and a possible low in the stock market. More analysis on various other commodities and updates on various other stocks will follow shortly.
P.S.: On all of our communications, posts and analysis our Terms of Use and Disclaimer apply. Hypothetical or simulated performance based on past cycles have many limitations. Hence, past performance is no guarantee for the future. Anomalies can occur and cycles can contract, extend or invert. So, be careful and always watch the charts in front of you.