“Taper Schmaper”

December 19, 2013

If we forgot everything we know and took these three charts to the Odds Maker in Las Vegas and asked for his opinion what would he say to us?

 

My bet is that he would look at the Delta numbers at the top of each chart and say:

“Taper Schmaper”
 

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GOLD MONTHLY LOGARITHMIC

HUI MONTHLY

SILVER MONTHLY

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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.
The total world's holdings of gold could be transported by a single solitary oil tanker.

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