Gold is not bottoming now. Gold bottomed in 1999 at $253

July 3, 2013

Gold is not bottoming now. Gold bottomed in 1999 at $253.20.                                                    

 

Gold’s angle of rise increased with each move from a LTD low to a LTD high.

 

                               GOLD MONTHLY ANGLE OF RISE

                  

 

Gold has currently bottomed at LTD # 3 low. The months required for each move from LTD # 3 low to LTD # 4 high are shown on this chart. The number of months spent correcting between LTD # 4 high and LTD # 5 low are also shown on this chart.  

 

 

            GOLD MONTHLY  …..  LTD # 3 LOW TO LTD # 4 HIGH

                        

 

Silver is not bottoming now. Silver bottomed in November 2001 at $4.01.

 

The biggest moves in silver have taken place between LTD # 3 low and the grouping of LTD # 1 and LTD # 2 high. Silver appears to have currently bottomed at LTD # 3 low. The angle of each rise is increasing dramatically

The big

 

       SILVER MONTHLY LOGARITHMIC  …   ANGLE OF RISE INCREASING

                        

 

 

… AND THE BIG WINNER WILL BE … YEP … YOU GUESSED IT … THE HUI … FROM 35.31 TO HEIGHTS UNKNOWN …

 

                                  HUI QUARTERLY LOGARITHMIC

 

                     

 

                                      Ron Rosen Precious Metals Timing Letter

The world’s largest gold nugget is 61 lbs, 11 oz and is on display in Las Vegas.