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Men and women of honor have begun to return this nation, founded in freedom, liberty, truth, and justice, to our heritage. Our heritage has been vandalized and ridiculed by ignorance and corruption for nearly 100 years. Those responsible are about to find themselves handcuffed by a runaway gold market. The price of gold represents truth, honesty, and integrity. Gold is in the process of rising to a price level that can not be envisioned by those with paper blinders covering their eyes and souls. This is happening now. The wait is over. The starting gun has been fired. The race to the finish is on. A runaway gold market has been signaled. All of the ingredients necessary for a parabolic rise in the price of gold have been accumulated and are now bringing the pot of gold to a boil.
The 30 year gold cycle is providing us with a near picture perfect repeat performance. Thirty years apart continuation patterns began at a high in February and bottomed in April. The upside breakout in 1979 led to a parabolic rise. An upside breakout from the current continuation pattern occurred this week.
GOLD WEEKLY 1979
GOLD WEEKLY 2009
The parabolic gold move in 1979 started in May after a final disappointing and scary decline that bottomed in April 1979. Fast forward to April 2009 and you will see that gold had one more decline into April 2009. A probable parabolic move began on April 23 as the price of gold moved up and out of the continuation pattern. This is a repeat performance of what occurred in April/May of 1979.
GOLD DAILY 1979
GOLD DAILY 2009
GOLD MONTHLY
A SUBSCRIPTION TO THE ROSEN MARKET TIMING LETTER WITH DELTA TURNING POINTS IS AVAILABLE AT: www.wilder-concepts.com/rosenletter....
Stay well,
M I G H T Y I N S P I R I T
Ron Rosen & Alistair Gilbert
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Disclaimer: The contents of this letter represent the opinions of Ronald L. Rosen. 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 is not a registered investment advisor. Information and analysis above are derived from sources and using methods believed to be reliable, but Ronald L. Rosen 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.
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