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Precious Metals Market Timing
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But it never has and it never will
I know I can't go back there again
I know your love I knew you when"
-Written by Victoria Banks
Gold breaks out over a 23 year trend line. The dollar tops. The HUI and the XAU break out and signal that their corrections are over. The Bull has awakened and the Bear went back to hibernating. Can there be any other conclusion? If a picture is worth a thousand words, four pictures should be worth four thousand words.
"The farther back you have a record of a stock or commodity and the more you study it, the more you will understand its actions and know when it is making tops and bottoms." -W.D.G.
There is little more for me to say in this weekend report other than the second phase has been announced and it has started. Of course there will be periodic corrections in this second phase. With the tools I use, and considering the length of time I have been using them, there is a reasonable probability that I will be able to alert you to when a correction is due. Not a certainty, but a probability. I will begin to suggest trades based on the Delta medium turning points, as soon as we have the next confirmed Long Term Delta bottom for gold, silver, and the precious metal shares.
Have a wonderful Christmas and Holiday Season
Stay Well,
Dec 17, 2005
Ron Rosen
email: rrosen5@tampabay.rr.com
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Disclaimer: The contents of this
letter represent the opinions of Ronald L. Rosen and Alistair
Gilbert. Nothing contained herein is intended as investment
advice or recommendations for specific investment decisions, and
you should not rely on it as such. Ronald L. Rosen and Alistair
Gilbert are not registered investment advisors. Information and
analysis above are derived from sources and using methods believed
to be reliable, but Ronald L. Rosen and Alistair Gilbert cannot
accept responsibility for any trading losses you may incur as
a result of your reliance on this analysis and will not be held
liable for the consequence of reliance upon any opinion or statement
contained herein or any omission. Individuals should consult with
their broker and personal financial advisors before engaging in
any trading activities. Do your own due diligence regarding personal
investment decisions.
Tee charts reproduced courtesy of The Delta Society International.
321gold Inc
