ANCHOR OK, Greg, well… bring it all together for us.
Years later, W.D. Gann referred to this as the William Jennings Bryan “Silver Scare.” And he used it to predict a similar fall in the months leading up to the 1936 presidential election. ANCHOR …40 years later. GREG Yup, and sure enough, he nailed it. Predicting the future by looking to the past. ANCHOR And now, you’re predicting a “repeat” of 1896? GREG I predict a massive turning point is coming to the stock market – beginning on or around October 28 – in reaction to an event we don’t know yet. ANCHOR What kind of event? GREG Remember, I don’t care about the WHY, only the WHEN. The event could be anything. Most likely, we’ll see the “October Surprise” help one particular candidate – in a big way. And the market’s going to react to that. Most likely, in a very positive way – to reflect what happened in 1896. In short, I predict a melt-up is coming. And mark my words... Whatever causes this inflection point, it could seriously impact the election… and create dozens of trading opportunities. ANCHOR Well, we know you’ve done well on big turning points in the market. You booked a 115% gain in 35 days on the VanEck Semiconductor ETF – as the stock inflected… A 95% gain in 14 days on Twilio, as it inflected… A 100% gain in 17 days on the iShares Russell 2000 ETF, as it inflected… A 105% gain in 6 days on Advanced Micro Devices, as the stock inflected… and more.
What is your Gann strategy telling you about the 2024 presidential election and what it means for the market, beginning October 28? REPEAT OF 1896 IS COMING GREG In short, I’m using one of the longest cycles ever discovered. The “Presidential Cycle,” which dates back to 1896. That was the year the Dow Jones was first created, and also the year of an historic election. The Republican William McKinley ran against the Democrat William Jennings Bryan. A highly contentious election. ANCHOR How so? GREG There was a massive wealth gap in America. The Democrat had a radical solution. Quite simply, he wanted to end the gold standard and mint silver into the U.S. money supply. By doing so, he wanted to create – you ready for this, Tom? – higher inflation in America. ANCHOR Wait a minute – let me get this straight. The Democrat wanted to INCREASE inflation? GREG Yup, his theory was that it would create more money for the lower classes. Care to guess how the stock market reacted? ANCHOR I doubt it was a pretty picture… GREG Stocks began a headlong crash. Wealthy Americans were terrified the Democrat would win the White House and implement this insane monetary policy. All told, the market crashed 22% right up until the Republican, McKinley, was elected. Then it recovered and shot straight up.
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