Weekend August 8 2022
Berkshire is as good a proxy for the markets as any index, It peaked after the major indexes. But it completed a textbook five waves down, ending in June like the other indexes. Now A Wave A up is complete in a smaller a b c pattern. Wave B down has begun. Stand by for the final Wave C up into September. Then a third Wave should begin. This will be a combination of various cycles all ending in 2022 as we have shown before. The big cycle being the founding of the USA 233 years ago.
Silver
The first wave up in silver is done and now the correction sets in. I am more optimisitic on silver than my friends at EWI, William DeVane may finally be right. World banks want their onw digital currency and silver is a boogey man to that idea.
here is the same pattern as silver
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