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Gold: A look at the Tee Chart

Ron Rosen
January 28, 2005

I.P. means in between point. Only points 1 and 2 can invert, no others can or do. Contrary to the Gold community's expectations it clearly will pay to hedge ones Gold positions. I called the top on the HUI in Dec 2003 and was ridiculed. It has many months to continue its decline but it will bottom before Gold bullion. Its climb will be slow and painful but the explosion will arrive beginning in late 2008. Gold bullion will be headed down for many disappointing months but present a great buying opportunity in 2006.

If you are interested in knowing - to an amazingly accurate point in time - when certain markets will top and bottom, contact: rrosen5@tampabay.rr.com.

January 27, 2005
Ron Rosen
email:
rrosen5@tampabay.rr.com

The Tee chart is reproduced courtesy of The Delta Society International.

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