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Below are charts and comments from 56-year market veteran and analyst Ron Rosen:
“Eric, to my knowledge this is the only chart in existence that tells us when the next high and the next low for gold will occur. The turning points in the squares at the top of this chart are a golden gift from Mother Nature. I call them LTD’s. They are turning points specifically for gold bullion. Since this bull market in gold began a new high has occurred at every number [4] high and every grouped numbers [1] [2].
Gold is currently bottoming at LTD #3. The next high will occur at LTD #4. These turning points are not influenced by the Federal Reserve or any government activity. They do not care about who is buying or selling or how much they are buying or selling. They do not care about the ‘big boys’ or the ‘little boys.’....
Continue reading the Ron Rosen interview below...
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“I cannot discuss how these points are determined because that knowledge is reserved for my crew members. However, I have provided the approximate range for the LTD #3 low. What this shows investors is that gold is at or very close to a bottom. The due date for the next high in gold is provided at LTD #4 high on this chart. This is not a miracle, but it is Mother Nature’s secret.
I imagine many investors are deeply troubled by the recent decline in the price of gold. Hopefully this chart will ease their pain. If they knew what Mother Nature has in store for the price of gold, they would be laughing all the way to the nearest coin store. Eric, only you could ever get me to part with the above chart.”
© 2013 by King World News®. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. However, linking directly to the blog page is permitted and encouraged.
The interviews with Marc Faber, James Turk, Bill Fleckenstein, Egon von Greyerz, Felix Zulauf, John Hathaway, Gerald Celente and Eric Sprott are available now. Also, be sure to listen to the other recent KWN interviews which included Art Cashin, Michael Pento, MEP Nigel Farage, Michael Belkin and James Dines by CLICKING HERE.
Eric King
The Chart That Tells You All You Need To Know About Gold
KWN has received tremendous interest in 56-year market veteran and analyst Ron Rosen’s charts and comments which have recently been published exclusively on King World News. With the weakness in gold and silver today, we followed up with Rosen to get his take on what to expect going forward, and Rosen did not disappoint. He gave another tremendous interview.
© 2013 by King World News®. All Rights Reserved. This material may not be published, broadcast,
rewritten, or redistributed. However, linking directly to the blog page is permitted and encouraged.
February 20, 2013
