The Vedic Astrology of Silver in 2026: New Price Reality | Rowan Hogg

As of December 22, 2025, Silver traded around $69 per ounce, marking a substantial surge from approximately $30 at the start of 2025—validating earlier predictions of a breakout beginning in September 2025. Silver is forecasted to experience significant upward momentum throughout 2026, entering a "new reality" of higher valuations. Despite intermittent corrections, I anticipate Silver ending the year 2026 substantially higher, supported by ongoing industrial demand and safe-haven flows. 

 

 » To analyze Silver astrologically, we use a chart dated June 15, 1931, at 9:30 a.m. in Manhattan, New York. This marks the

first trade of Silver futures contracts in the United States on the National Metal Exchange, a precursor to the modern COMEX. 

Although Silver has been traded for centuries, this date represents the formalization of modern Silver futures trading. «

This prediction combines tropical Western astrology with Vedic sidereal techniques, using a foundational chart for Silver futures dated June 15, 1931, at 9:30 a.m. in Manhattan, New York. Key signatures include Jupiter's interactions with natal Pluto and Jupiter (wealth expansion), Uranus influencing natal Venus (technological and revolutionary boosts), and lunar/Cancer emphases (silver's traditional rulership by the Moon).

 
Monthly Key Transits and Expectations for 2026:

■ January: Upward momentum; Jupiter stations direct over natal Pluto (wealth expansion); Sun trines natal Venus.
■ February: Rise continues; Venus in eighth house aids investments; Mercury retrograde may expose manipulations.
■ March: Bullish with FOMO. Venus conjuncts North Node and Uranus, echoing prior surges.
■ April: Mainstream visibility increases. Venus transits the tenth house; potent conjunctions over natal Venus.
■ May: Multi-year potential boost. Venus over natal Moon; Uranus compresses natal Venus; Jupiter hits natal Pluto again.
■ June: Correction; Uranus squares natal Mars/Neptune (volatility, confusion); potential macro signals.
■ July: Rise amid banking stress; Sun over natal Pluto/Jupiter; possible Eastern market shift.
■ August: Slight gain despite health scare risks. Jupiter conjunct ascendant.
■ September: High volatility, possibly downward. Chiron and Ketu influences suggest overexpansion concerns.
■ October: Volatility in mining sector. Debilitated Sun and Saturn dampen speculation.
■ November: Renewed boom. Ketu with Jupiter; potential emergency monetary policies propel prices.
■ December: Volatile but overall higher close. Uranus stresses continue, yet speculative energy persists.

2026 is viewed as a transformative year for Silver, with commodities outperforming amid anticipated global challenges (e.g., political instability, financial strains).

 

Reference:

Rowan Hogg (December 22, 2025) - The Vedic Astrology of Silver in 2026: Silver Prices About to Enter New Reality. (video)

 

See also:
Rowan Hogg (December 26, 2025) - Financial Astrology 2026: 10 Predictions That Will Shape the Markets. (video)

 

Silver (SI-Futures) Midterm Election Year Seasonal Pattern, 1973-2024.

 

» The case can be made based on the quarterly ADX (ADX is the only indicator I follow) that Silver is far from overbought. I think a case can be made for $147. 
Big question is where from we might get big/long correction. « 
Peter Brandt, December 26, 2025.

My Conversion to Heliocentric Financial Astrology | Malcolm G. Bucholtz

The year 2025 marked a pivotal turning point in my professional journey. When I was first introduced to astrology at the 2012 United Astrology Conference (UAC) in New Orleans, the presentations centered exclusively on geocentric astrology. This approach emphasized planets in signs and houses, retrograde motions, and the purported influence of distant bodies such as Pluto (with its 248-year orbital period), Neptune, and Uranus—even in the context of financial astrology. I accepted these ideas without reservation, as they represented the prevailing consensus among attendees and appeared to be the only legitimate framework.

S&P 500 vs. 225-day orbital and 243-day axial spin cycles of Venus: April 2025 lows marked conclusion of spin cycle; midpoint of orbital cycle closely coincided with October 30 highs; December downturn occurred at termination of spin cycle.

Over the ensuing years, I authered books, conducted extensive research, and published newsletters, all rooted in this geocentric perspective. Nevertheless, persistent doubts gradually surfaced: an inner voice highlighted the methods’ inconsistent outcomes. Though I initially disregarded these misgivings, they became impossible to ignore by 2025. Deeper scientific literature portrays the solar system as a vast resonance machine: finely balanced and harmonically interdependent, such that altering the motion of any single planet would destabilize the entire structure. As inhabitants of Earth, humans are inherently attuned to these cosmic rhythms—whether consciously or not—and this attunement manifests emotionally in collective market behavior reflected on price charts.

 

I eventually uncovered papers by astronomers and mathematicians who, operating outside mainstream consensus, attribute phenomena such as climate change to celestial influences rather than human activity. When integrated with findings from medical journals, their work offered profound insight. These researchers maintain that only five planets warrant attention: Mercury, Venus, Earth, Jupiter, and Saturn. Distant bodies like Pluto and Uranus can be disregarded owing to their negligible effects.  

 

 

 The Sun's offset from the center of mass of the solar system

 (black dots on the left side of dates), 2025-2040.

Earth’s 23.4° axial tilt fosters seasonal stability; 

Uranus’s 97.8° tilt "sideways" obliquity.

 

Jupiter and Saturn, by virtue of their immense mass, join the inner planets in exerting gravitational forces on the Sun’s surface during precise angular alignments. Such configurations prompt increased solar radiation in the form of sunspots; although Earth’s magnetic field deflects a portion of this energy, a substantial amount reaches the surface. Medical research connects this phenomenon to the "sodium-potassium pump model", discovered in 1957 by Jens Christian Skou. This model elucidates cellular responses, whereby influxes of solar energy trigger biochemical cascades that heighten susceptibility to emotional shifts correlated with variations in solar emissions.

Most financial instruments frequently align with multiples or fractions of Mercury’s and Venus’s orbital and rotational periods.

 

I observed that major heliocentric alignments involving Mercury, Venus, Earth, Jupiter, and Saturn consistently coincide with increased volatility or trend reversals across various assets, including the S&P 500, gold, coffee, orange juice, wheat, corn, oil, and cocoa. Although directional outcomes differ—some bullish, others bearish, and some leading to sideways consolidation—the effects are reliable when correlating heliocentric planetary positions with price charts. This pattern can be attributed to solar emissions influencing human emotion through cellular chemistry. 

In preparing the "Financial Astrology Almanac 2026", I employed the periodogram function—a mathematical tool for time-series analysis—to detect dominant cycles in price data. Nearly all examined financial instruments exhibit cycles that frequently align with multiples or fractions of Mercury’s periods (88-day orbit; 58.65-day rotation) and Venus’s periods (225-day orbit; 243-day rotation).  

Reference:
Malcolm G. Bucholtz (December 21, 2025) - The 2026 Almanac is now Available. (video)

On December 20, 2025, an active solar region erupted with vibrant, magnetically

guided coronal loops, marking Solar Cycle 25’s progression toward its 2025 peak.

 

See also:
Malcolm G. Bucholtz (December 20, 2025) - Financial Astrology Almanac 2026: Trading and Investing Using the Planets.

Malcolm G. Bucholtz (2025) - Heliocentric Planetary Events and Financial Markets. 

Malcolm G. Bucholtz (2025) - Crude Oil: Cycles and Heliocentric Planetary Aspects. 

Malcolm G. Bucholtz (2025) - BitCoin: Cycles and Heliocentric Planetary Aspects.

Aleksander Valkov (2025) - Helioeconomics: Solar Cycles as the Hidden Pacemaker of Global Economic Fluctuations. 

TPR (2025) - 2026 Turning Points in the Geocentric and Heliocentric Bradley Indexes. 

TPR (2015) - S&P 500 vs George Bayer's Rule #38 - Latitude of Mercury. 

 TPR (2013) - S&P 500 vs George Bayer's Rule #40 - Latitude of Venus.

TPR - S&P 500 Index vs Jupiter – Saturn Cycle, 2017-2020. 

 TPR - Solar Activity and Financial Markets.

 TPR - Cosmic Cluster Days.

Theodor Landscheidt (1989) - Astrologers and Scientists. 

 

ज्योतिष
Jyotisha, Science of Light. 

2026 in W.D. Gann’s "Financial Time Table"

W.D. Gann’s Financial Time Table from 1784 to 2008 is based on the 18.612958-year lunar nodal cycle (6,798.383 days, the time for the Moon's north node, also referred to as the True Node, to complete one orbit relative to the ecliptic). Compiling his Financial Time Table in 1909, however, Gann approximated the lunar node's period without an ephemeris by simply alternating 18- and 19-year intervals to achieve an average of 18.5 years—an error of 47.33 days per cycle, meaning Gann's cycle is lagging behind the node's true position.

 

» Gann himself was quoted as saying that this was his greatest market discovery. « 

 

Fast-forward to late 2025, Gann's error sums up to 300 days. Hence, the exact criteria and starting date to which he anchored his cycle, including his annotation: "Dec. 25, 1989 revises to Mar. 13, 1934," remain unclear and subjects of debate. The table’s basic conceptual congruence with Louise McWhirter's 1937 "Theory of Stock Market Forecasting" led analysts to suspect "Louise McWhirter" was merely a Gann alias used to correct the flawed astronomy of his 1909 Time Table and provide an elaborated astrological theory of the lunar node's 18.6-year cycle and its impact on the US business cycle and stock market.

 

 » "W. D. Gann" and "Louise McWhirter" share the same numerological root of “9”. « 

Regardless, even though the extended version of the original table into 2121 did not correct Gann's error, it forecasted a market panic in 2020 (accurate), and high stock prices in 2022–2023 (accurate?). For 2024, 2025, and 2026, Gann's table warns about a "major panic CRASH! 4 years of falling prices, business stagnated, breadlines, soup kitchens, despair, unemployment." Correct? For 2027 to 2031, the table announces "extreme low stock prices, strikes, repression, [and] despair" to be followed by the "beginning of [a] new business generation of 18.6 years. 4 years of rising stock prices and improving business. Markets bare of goods. Young men becoming prominent." Time will tell.

 

Gann claimed his time table accurately forecasted over a century of significant events, including the 1907 Panic, the 1929 Crash, and the post-World War II boom. This framework has shown continued relevance in modern validations, such as the 2020 COVID-19 market panic, which aligned with a projected low year in the table. Furthermore, the 2022–2023 stock highs preceded an anticipated downturn, also fitting the established pattern. 

  

 » Major crash in 2024–2026 with prolonged economic stagnation, and a recovery by 2028–2030. «

W.D. Gann's original "Financial Time Table" adjusted and extended into 2121.

 

While appealing, the table’s predictions should be approached cautiously, considering external factors and the debated accuracy of Gann’s methods. 

 

» Maybe Gann’s table should be shifted for a few months in view of 18.5M approximation vs 18.6M desired value. « 

Branimir Vojcic, 2025.

 

Branimir Vojcic is right: For higher degrees of conviction, diehard Gann aficionados may want to re-anchor the exact lunar nodal period to a specific date (e.g., sign ingress, natal chart, crash low), and derive further clues from "Louise McWhirter."

 

 S&P 500 vs Lunar North Node moving through the Zodiac, 1950-2028.

» We shall find out soon enough. « 

See also:

L. David Linsky (2022) - A Case for Significant Recession or Depression between 2025 and 2028. 

L. David Linsky (2022) - A Case for War and or Revolution in 2026. 

TPR (2015) - SPX vs North Node: Louise McWhirter's Theory of Stock Market Forecasting. 

M.G. Bucholtz (2014) - Stock Market Forecasting: The McWhirter Method De-Mystified. 

Graham Bates (1994) - US GNP vs North Node: A Projection into 2025.

 Louise McWhirter (1937) - Theory of Stock Market Forecasting.

2026 in J.M. Funk’s "56-Year Cycle of Prosperity and Depression"

J.M. Funk’s theory, first articulated in his 1932 pamphlet "The 56-Year Cycle in American Business Activity", posits a recurring 56-year rhythm in US economic and business conditions, driven by a chain of cause-and-effect events influenced by human behavioral traits—such as aspiration, greed, and intemperance—and modulated by external rhythmic forces akin to solar cycles.

 

The cycle transcends intervening factors like wars, technological advancements, or monetary policy changes, manifesting as three major panic periods within each 56-year span, spaced at intervals of approximately 20, 20, and 16 years. The cycle's structure is visually represented in a circular chart, originally drafted by Funk and redrawn by financial astrologer David Williams in 1959 and 1982, which delineates key phases: "Accumulating Surplus" (thrift and investment buildup), "Absorbing Surplus Production" (rising prices and sales), "Panic and Dumping" (market collapse and liquidation), "Industrial Stagnation" (depression and low activity), and "Uncontrolled Production" (overexpansion leading to renewed prosperity).

Funk's chart illustrates historical alignments across centuries, with years marked along concentric rings and "needles" connecting equivalent points in successive cycles. For instance, sequences such as 1801–1857–1913–1969 and 1817–1873–1929–1985 highlight recurring panic epochs, while subcycles (e.g., 9-year intervals) link shorter-term fluctuations. Prosperity emerges from post-panic thrift, fostering confidence and investment; however, extended booms breed overproduction, fictitious credit, and speculation, culminating in collapse. The depth of ensuing depressions mirrors the prior expansion's scale, with stock market drawdowns historically ranging from 25% to 40% during panic phases.

According to the cycle's alignment, late 2025 corresponds to the "Panic. Dumping." phase, characterized by high prices giving way to forced selling, bank strains, and commodity price collapses—echoing historical precedents like the Panics of 1857 (30% NYSE decline amid railroad overextension) and 1913–1914 (40% drop triggered by European liquidations). The chart's central long needle explicitly ties 2025 to this vortex, projecting a major bear market. An outer-ring marker at 2024 signals "High Prices. Sell Save," aligning with the S&P 500's peak on November 29, 1968, and suggesting a comparable crest in late 2024. This transitions into 2026, marked on the inner ring as "Low Prices. Buy," corresponding to troughs in January and May 1970 and indicating the onset of recovery.

Observed drawdowns during prior "Panic and Dumping" epochs:
■ The Panic of 1857, corresponding to the 1857 position on the chart, saw the New York Stock Exchange decline by approximately 30%, driven by bank failures, railroad overextension, and commodity price collapses.
■ The 1913–1914 crisis, linked to the 1913 marker, resulted in a roughly 40% drop in stock prices by August 1914, precipitated by European liquidations and heightened geopolitical tensions.
■ The 1968–1970 bear market, directly analogous to the 2025–2026 projection via the cycle's 56-year rhythm, featured a 37% decline in the S&P 500 from its peak on November 29, 1968, to its trough on May 25, 1970.

Quantitative projections draw from the 1968–1970 parallel, shifted by precisely 20,454 days (equivalent to 56 solar years): The S&P 500 declined 37% from its November 1968 high to its May 1970 low. Despite the panic designation, the decennial pattern of US stocks introduces nuance: 2025, as the fifth year in a decade, historically yields positive returns (breaking a rare negative streak seen in 2005), potentially mitigating the downturn's severity. 

 

Supplementary analyses from related frameworks, such as Hurst cycles and seasonality (not part of Funk's original model), suggest the most probable initiation of a sustained contraction in late 2025, extending into Q1 2026—specifically January—with potential acceleration from seasonal weaknesses before stabilization. Magnitude remains speculative but could mirror the 37% 1968–1970 precedent, moderated by contemporary factors like Federal Reserve policy. 

See also: 

 TPR (2024) - 2025 in J.M. Funk’s "56-Year Cycle of Prosperity and Depression".

TPR (2015) - 2015 in J.M. Funk’s "56-Year Cycle of Prosperity and Depression". 

LCdr. David Williams (1959) - Astro-Economics.  

LCdr. David Williams (1982) - Financial Astrology.

 David McMinn (2023) - J.M. Funk and the 56-Year Cycle.

The Year-End Rally and January Effect in US Stocks | Jack Gillen

American financial astrologer Jack Gillen (1932-2022), best known for his book The Key to Speculation on the New York Stock Exchange, attributed the Year-End Rally—often called the "Santa Claus Rally"—to the Sun's annual cycle and its interactions with key points in the natal charts of the New York Stock Exchange (NYSE) and the United States. In Chapter VIII ("Year-End Rally") Gillen framed this as a predictable seasonal pattern driven by planetary transits, rather than purely economic factors, emphasizing that markets follow cosmic rhythms with mathematical precision. 

 

NYSE Natal Chart (New York, NY, May 17, 1792 8:52 am).

 

United States Natal Chart (Philadelphia, PA, July 4, 1776 12:30 pm). 

Core Astrological Mechanism: Gillen explained the rally as a direct result of the Sun's transit through Capricorn (around December 22–January 20), specifically when the Sun reaches 5–9 degrees Capricorn. This position forms a harmonious trine aspect (120-degree angle) to Venus at 5 degrees Taurus in the NYSE's natal chart (May 17, 1792). The trine creates bullish energy, boosting prices and volume as the Sun—a symbol of vital energy and trends—activates fixed, stable points in the market's "birth chart."

 

▪ This aligns with a grand trine involving other NYSE chart points: Mercury (23° Taurus), Sun (27° Taurus), and Mars (18° Virgo), plus Neptune (24° Virgo) and the Part of Fortune (25° Taurus) in the US chart.

▪ Capricorn, ruled by Saturn, governs government policies and market conditions (within a 4-degree orb), but the trine's positive flow overrides restrictions, leading to upward momentum from Christmas to New Year's.

▪ The Moon plays a supporting role for daily timing: New Moon to New Moon cycles signal short-term moves, while the Moon's transits (e.g., from Virgo to Pisces) enhance long positions during this period.

 

Broader context: The Sun's 365¼-day cycle through the zodiac creates annual highs (January to late July, Aquarius to Aries) and lows (late July to October, Leo to Libra). The year-end rally acts as a "reset," balancing the year's trend, with the US chart's Cancer cluster (opposed by Capricorn) adding tension that's resolved bullishly.

 

Historical Patterns and Reliability: Based on data from 1900–1970 (which Gillen noted holds pre-1900 as well), the DJIA closed higher on the last trading day of the year 86% of the time (only 11 minus closes). Gains averaged positive, with the largest in 1967 (+17.74 points) and the biggest loss in 1966 (-13.61 points). Exceptions occur ~14% of the time due to disruptive factors like:

▪ North Node squares to US Jupiter in Cancer (e.g., 1911: -0.43%; 1930: -0.62%; 1968: -8.57%).

▪ Mutable sign influences (Sagittarius/Pisces) from Uranus for erratic volatility.

 

 

Gillen tied this to longer cycles:

▪ Sun's 19-year eclipse cycle (6,585.321 days): Shifts trends via Moon-Sun eclipses.
▪ Jupiter (12 years/sign): Expansion highs (e.g., Jupiter in Leo in 1978 amplified rallies).
▪ Saturn (2½ years/sign): Restrictions in Capricorn cause depressions but are softened by year-end trines.
▪ Uranus (7 years/sign): Erratic breakouts in mutable signs.

 

Volume is crucial: It builds during rises (buy signal) and declines during falls (sell signal), mirroring the DJIA's tide.

 

Connection to the January Effect and Yearly Trend: A hallmark of Gillen's analysis is the January-year-end symmetry: "If the market shoots up in January, it will be up in December; if it’s low in January, then it's going to be low in December, at year's end." This ~80% accurate "balance" reflects the Sun's opposition (Cancer-Capricorn axis) resolving the year's energy. January's bullish tide (Aquarius ingress) sets the tone; low volume in weak months (February–March, July–August, October–November) tests but doesn't break the cycle.

 

Predictions and Trading Advice: Gillen predicted the rally persisted "year-after-year" unless heavily afflicted (e.g., Saturn in Capricorn for panics like 1929). For 1979 (his writing era), he forecasted lows in stocks like PPG Industries ($14–15) due to Saturn, but highs via Jupiter returns. Modern application: Monitor Sun aspects and volume—afflictions intensify bear phases, trines soften bulls.

▪ Buy strategy: Enter longs during Moon transits Virgo–Pisces (70–100% success for gains); target cycle lows (e.g., Gould, Inc. at $10 in Dec/Jan–Feb).

▪ Sell strategy: Exit at resistance highs (e.g., $26–$28); avoid weak months.

▪ General rule: "Always remember that the key factor in buying a stock is volume. As the volume builds, the prices rise. When volume declines prices fall." Align trades with corporate "birth signs" and ride the DJIA tide rather than fighting cycles.

Gillen's approach blends astrology with empirical stats, viewing the rally as cosmic inevitability rather than luck. For deeper dives, his book details tools like sensitive Sun/Moon degrees for precise timing. While unconventional, his methods have influenced financial astrology, with historical backtests showing high consistency.

Jack Gillen based his analysis primarily on data from 1900–1970. Below are the exact statistics he presented in The Key to Speculation on the New York Stock Exchange (Chapter VIII), followed by updated figures through 2024 for the Dow Jones Industrial Average (DJIA) and S&P 500.

  

Jack Gillen’s Original Statistics (1900–1970, DJIA).

 

Gillen emphasized that the 10–11 failures almost always coincided with heavy nodal afflictions (North Node square or opposition to US Jupiter or NYSE Venus) or strong Saturn restrictions.

Updated Statistics (1900–2024, 125 years) – DJIA.

S&P 500 Year-End Last Trading Day (1950–2024).

 

Classic “Santa Claus Rally” Definition: The last 5 trading days of December plus the first 2 trading days of January (7 trading days total).

 

 "Santa Claus Rally" Stats for the DJIA and S&P500 (1950-2024).

 

Notable Recent Exceptions (Failures of the Year-End Rally) 

 

▪ From 1900–1970: Gillen’s claimed 86% success rate for the final trading day is accurate for that specific sample.
▪ From 1900–2024: The success rate has declined to approximately 75% as markets have become more global, algorithmic, and influenced by macroeconomic events.

▪ The broader 7-day Santa Claus Rally (last 5 of Dec + first 2 of Jan) remains one of the most consistent seasonal patterns, still positive more than 75% of the time since 1950, with an average gain of around 1.3–1.4%.

 

Gillen’s core astrological thesis—that the Sun’s trine to NYSE Venus in early Capricorn drives the rally—continues to align with the majority of positive outcomes, although the edge has moderated in recent decades compared with his original 20th-century sample.

 

So what about the turn of the year 2025-2026? The usual year-end rally should still show up, with the Sun making its normal supportive link to the NYSE chart. But Saturn’s square to natal Venus (December 8), North Node pressure, and Uranus conjunct the NYSE Sun (December 30) introduce stress and the risk of sudden drops. The Moon’s difficult angles on December 24–25 and January 1 can briefly stall momentum, making the “Santa Rally” weaker and choppier than usual — upward overall but marked by sharp dips and low-volume days. Jupiter’s trine supports a rebound around January 3–10, but December 23–January 2 still favors light shorts. Overall: a cautious, shortened rally, not a full failure.
  

Reference:
Jack Gillen (2002) - Astro-Stats for the NYSE.

 

» Mid-December, the market starts to take off, and that's where we get our Santa Claus rally, which I must
remind everyone is really an indicator and not some tradeable rally. « — Jeff Hirsch, December 1, 2025.

See also:
Jeffrey A. Hirsch (November 25, 2025) - December Post-Election Year Seasonality of US Stock Markets.

2026 High in the Benner Cycle | "Time to Sell Stocks and Values of all Kinds"

Samuel Benner (1832–1913), a once-prosperous farmer in Lawrence County, Ohio, whose wealth was destroyed by a devastating hog cholera epidemic and the Panic of 1873, devoted the remainder of his life to identifying recurring patterns in economic booms and busts. Through exhaustive analysis of commodity prices—specifically provisions (pork products such as bacon, ham, mess pork, lard, and salted pork), live hogs, corn, cotton, and pig iron (later also wheat and railroad-stocks)—he published "Benner's Prophecies of Future Ups and Downs in Prices" in 1876, a work that formed the basis for his annual forecasts through 1907.

  

 » Periods When to Make Money. « The original 1872 business card of the George Tritch Hardware Co. in Denver, Colorado—which was copyrighted in 1883 and 1897—is the focus of an ongoing controversy: Was it genuinely created by Tritch, or was it simply plagiarized and popularized by Benner four years later in 1876?

 
Benner’s approach was empirical, grounded in price data from 1780 to 1872, and used to extend projections far into the future by emphasizing recurring cycles in commodity prices and business activity. He treated these cycles not merely as descriptive patterns but as prescriptive guidance, advising investors on when to buy during "hard times" and when to sell during "good times."

 

Benner's time-price model identified nested peaks and troughs in commodity prices, agricultural yields, and broader economic conditions. Central to his framework were the following patterns:

■ 27-Year Cycle in Pig Iron and Cotton Prices: Analyzing data from 1833 to 1899, Benner observed high prices following an ascending arithmetic progression of 8, 9, and 10 years, repeating every 27 years. Low prices, conversely, followed a descending series of 9 and 7 years. This cycle captured the volatility in industrial commodities like pig iron, which Benner viewed as a bellwether for economic health, given iron's role in manufacturing and infrastructure.
■ 11-Year Cycle in Corn and Hog Prices: Beginning in 1836, this cycle alternated between 5- and 6-year sub-periods, reflecting fluctuations in agricultural staples. Benner broke it into peaks and troughs that aligned with seasonal and weather-related disruptions.
■ Business Cycle with 16-18-20 Year Peaks: Extending his commodity analysis, Benner described a broader 11-year business rhythm, characterized by peaks spaced 16, 18, and 20 years apart. Lows coincided with pig iron troughs, while panics occurred at intervals averaging 9 years (7-11-9 pattern, akin to the Juglar cycle). Every third peak aligned roughly every 54 years, echoing longer waves like those later formalized by Nikolai Kondratieff.

 Benner's astronomical time-price cycles theory.

These cycles formed a hierarchical structure: shorter oscillations (5–11 years) drove immediate price swings, while longer ones (27 and 54 years) shaped multi-decade eras of prosperity or contraction. Benner integrated them into a single chart, forecasting "ups and downs" with directives such as "Years of Good Times: High Prices and the Time to Sell" for peaks and "Years of Hard Times: Low Prices and a Good Time to Buy" for troughs.

 

 

 » "B." [2026] Years of Good Times. High Prices and the Time to Sell Stocks and Values of All Kinds. « 

For 2025, Benner’s cycle predicted the US stock market driving higher; for 2026, it forecasts a major top: "High Prices and the Time to Sell Stocks and Values of All Kinds" into 2032 ("Years of Hard Times, Low Prices, and a Good Time to Buy Stocks"). 2026 is marked as a "B" phase year — a peak of high prices and euphoria, often the culmination of a bull market before a shift to downturns. Historical "B" peaks have aligned (often within 1-2 years) with major tops like: 1929 (Great Depression peak), 2000 (dot-com bubble), 2007 (pre-2008 crisis), and others. 

Benner attributed these periodicities to celestial mechanics, positing that solar system dynamics influenced earthly economies. He aligned his 11-year cycle with Jupiter's major equinox, which recurs every 11.86 years—a near-match to observed corn, hog, and business fluctuations from 1836, 1847, 1858, and 1869. Jupiter, in his view, served as the "ruling element" in natural product price cycles, potentially modulated by electromagnetic influences from Uranus and Neptune on Saturn and, in turn, Earth.

This astro-economic perspective echoed earlier hints by English economist William Stanley Jevons, who suggested in 1843 planetary configurations might underpin business cycles but abandoned the idea amid academic opposition. Modern interpretations extend this to lunar phases and solar activity (e.g., nodal precession, sunspot cycles), though Benner's original emphasis remained on observable price data rather than strict astronomy and astrology.

   

Benner's Cycle Forecast for the Period 2015–2035.

In 1948, Edward R. Dewey, director of the Foundation for the Study of Cycles, updated and reprinted Benner’s work as the Foundation’s "Reprint No. 24". He lauded Benner’s pig-iron forecasts over the 60-year period from 1875 to 1935 for achieving a gain-to-loss ratio of 45:1, deeming it one of the most reliable business charts despite numerous imitations by lesser-known authors. Proponents cite alignments with major events: the cycle's "B" peaks (high-price euphoria phases) approximated the 1929 stock market top preceding the Great Depression, the 2000 dot-com bust, and the 2007 pre-financial crisis summit—often within 1–2 years. 

 

Edward R. Dewey (1967) considered the true length of Benner’s pig iron price cycle to be 9.2 years and thus his "forecast got off the track by one year every five waves. By 1939 his projection was no longer usable."  In 1971 Dewey commented: "Were Benner still alive and issuing yearly supplements to his Prophecies, he probably would have learned all that was necessary to know about cycles of fractional length and would have adjusted later forecasts accordingly." 

However, scrutiny reveals nuances: Benner's original chart, rooted in agriculture (which comprised 53% of the US economy in the 1870s), projected a 1927 high and 1930 low, not the exact 1929–1932 Depression timeline. A sensational 1933 Wall Street Journal article, designed to attract attention, altered Benner’s original cycle dates for dramatic effect, thereby fueling persistent misconceptions (see chart below).

 

 

Martin Armstrong recently contended that Benner’s cycle was more a historical curiosity than a reliable predictive tool, noting that it has been both right and wrong many times: 

 

The claim that Benner’s Cycle predicted the Great Depression is false. The chart [above] that was published in the Wall Street Journal altered Samuel Benner’s cycle, which was based on agriculture. It predicted a high in 1927, not 1929, and the low in 1930, not 1932. Claims that Benner’s work calls for a crash in 2025 are flat-out wrong. His target years would be 2019 and 2035, based on his data, not the altered, fake news published by the Wall Street Journal in 1933.

 

Benner was a farmer. Applying his cycle to the economy today is no longer effective, any more than the Kondratieff Wave. Both were based on the economy, with agriculture being the #1 sector. As the Industrial Revolution unfolded, those cycles remain relevant for commodities, but not the economy. Agriculture, when Benner developed his model, accounted for 53% of the economy. Today it is 3%. If they were alive today, they would have used the services industry. Capital flows are still pointing to the dollar, given the prospect of war and sovereign defaults outside the USA.

Martin Armstrong, August 30, 2025.

 

See also: 

Samuel Benner (1876)  - Benner's prophecies of future ups and downs in prices. 

What years to make money on pig-iron, hogs, corn, and provisions.  

Samuel Benner (1907)  - Benner's prophecies of future ups and downs in prices. 

Edward R. Dewey and Edwin F. Dakin (1947) - Cycles: The Science of Prediction.

Edward R. Dewey (1967)  - The Case for Cycles.
Edward R. Dewey and Og Mandino (1971) - Cycles: The Mysterious Forces that Trigger Events.

LCdr. David Williams (1982) - Financial Astrology.  

TPR (2022) - "Periods When to Make Money": Benner Cycle Projection into 2023 Major Low.