May 2011 Euro Demise excerpt:
   "When the dust ultimately settles on 2011, I believe that many momentous transitions will have taken place... or will have accelerated forward... And, when historians look back - even in only 7-10 years - I think they will see 2011 as the watershed time for a major restructuring of earth’s global, geopolitical structure... Throughout the better part of the past two decades, I have attempted to meticulously detail many of the cycles - and impacted entities - involved in reaching this conclusion...

   ...European Unity Cycles that begin a new phase in 2011... and are expected to reach fruition in 2018/2019.

   While political revolt, terrorism and/or civil war are the likely triggers for Arab Unity Cycles, it is more likely that financial woes - and potentially major earth disturbances (since I have repeatedly described earthquake and/or volcano cycles for Iceland, Greece & Italy) - could play a significant role in European Unity Cycles.

   2011 is an exact 60-Year Cycle (Cycle of Life) from the Treaty of Paris on April 18, 1951**.  This treaty created the 6-nation European Coal & Steel Community that paved the way for the Treaties of Rome (signed in 1957; took effect in 1958) and the ultimate creation of the European Community.

   1951--1958 ushered in one phase of European Unity while 2011--2018 is expected to usher in another phase.

   In 1981 - exactly 30 years after the original Treaty of Paris in 1951** - Greece became the 10th member of the EU, ushering in a new phase.  Another 30 years later (30-year Cycle Progression) - in 2011 - Europe could/should enter another new phase - the Phase of Fruition... when 60 years of work & preparation reach fruition.

   ...there could be a 1-2 year period of events that look like they are going to decimate Europe Unity... but that ultimately prompt the members to acquiesce on certain conditions or opposition and take the final plunge into full economic & political unification (sometime between 2011 & 2018)."

August 2011 Euro Demise II excerpt:
   "In September 2008, the financial crisis in Iceland went parabolic.  It had, obviously, been deteriorating for years but it was then (late-September--early-October 2008) that all three of Iceland's major commercial banks collapsed and were placed into receivership.  Iceland’s stock market imploded & their currency plummeted over 90%.  However, it was what followed - in 2009 and right up to the present - that serves as a perfect validation of previous discussions...

   In January 2009, one official declared the Krona dead.  In March, a government report recommended adopting the Euro via EU membership.  In July 2009, Iceland voted to apply for EU membership.

   This is a classic example of what I discussed in recent months, concerning suspicions that the Euro - or at least certain countries within the Euro (PIIGS) - would have to suffer more dire consequences before opting to comply with (i.e. give up any pretense of national sovereignty and turn over control to a central government) the criteria for economic unity.

   It is one thing for a government to sign treaties and agree to these criteria.  It is an entirely different thing - as recently seen in Greece - for the general population to comply...

   If the Euro advances into August 22--26th, it would complete the following:
   -- 31--32 week low-low-(high) Cycle Progression from the lowest weekly close of June 4, 2010.
   -- 16-week low-high-(high) Cycle Progression  from the low of January 14, 2011.
   -- 26-week (180-degree) high-high followed by (.618) 16-week high-high.
   -- 10-week decline followed by (.618) 6-week advance.
   -- 21-22 day low-low-(high) Cycle Progression .

   A peak in August 2011 would also complete a 40-month high-high-high Cycle Progression AND (from the 2nd high - of 2 almost equal peaks - in July 2008) a 23-month decline followed by a (.618) 14-month advance.  So, several Golden Ratio relationships corroborate these cycles."

September 2011 Euro Demise III excerpt:
   "I am becoming more and more convinced that the next 2-3 years will be extremely challenging for Europe... and for the Euro.  September 2011 is an exact 3-year cycle from September 2008, when the financial crisis in Iceland went parabolic and when all three of Iceland’s major commercial banks collapsed while their stock market imploded & their currency plummeted over 90%.

   It is when the next domino could fall in Europe’s ongoing, economic debacle.  If the coming days can validate this technical scenario, September 2011 could also usher in the first stage of a sharp, 3-month drop in the Euro.

2012--2014: Explosive Period?
    Greece & Italy continue to take center stage with regard to economic struggles in Europe.  And, they continue to take center stage in my cycle focus for expected volcanic activity in 2012--2014, when major cycles (for Mt. Etna, Mt. Vesuvius & Santorini) converge.  If my Euro analysis is accurate, it could provide another convincing warning sign that Europe is on shaky and volatile ground - geopolitically AND geophysically.

   The Dollar Index has seen an extended period of consolidation since its March 2008 low and appears to be in the latter stages of a major '2' or 'B' wave decline (since March 2009) that broke down into a 3-wave, a-b-c drop.  The overall outlook is that the Dollar will enter a new multi-month advance from near current price levels.  This could be what reigns in excessive bullishness in commodities and precious metals.  It could also be what leads to - or is in reaction to - a serious decline in the Euro.

   The Euro remains on track for a new decline and is poised to turn its weekly 21 MAC down - on September 6--9th - if it can drop below 1.4307/ECU.  (Though not as likely, it could even turn this channel down during the current week if the Euro drops below 1.4097/ECU.)  The Euro has already triggered 1-4 week & 1-2 month sell signals that were described in the August 20, 2011 Weekly Re-Lay.  These sell signals were activated at 1.4489--1.4553/ECU on August 23--29th and are expected to lead to a sharp drop...

   There are many reasons why the Euro is expected to begin a significant decline... now.  Many of these have already been conveyed.  The August 23--29th sell signals are the latest corroboration... And to reiterate, many factors - technical, cyclical & fundamental - show that Europe & the Euro could be in for some challenging times over the next 1-2 years (potentially longer).

   ...3-6 month, 6-12 month & 1-2 year traders, hedgers and/or investors should have begun to enter the long side of the Dollar (around 74.00--74.50/DX), looking for a substantial rally into 2012..."  FUTURES TRADING INVOLVES SUBSTANTIAL RISK!