Analysis Of Dow Index, Silver, Gold And HUI Index

February 5, 2014

This is not a correction. It is an absolute and total disaster. The stock averages will be losing 66 % of their maximum value. 

In a less than a humble way I will unequivocally state that this is the one and only wave count that has had any value in our lifetime! It has been remarkably accurate right up to this very day. It was conceived on Jekyll Island, Georgia and born in Washington, D.C. on December 23, 1913.

The Rule Of Alternation ***


In a few months the DJIA and the S & P 500 should bottom and move up to test the upper trend line. Once that test is complete the truly horrendous part of the decline should begin. At that time the precious metals complex should explode upward in a huge bullish move. Gold will probably triple in price from the low of $1,179.40.  

DJIA QUARTERLY CHART

At that time the precious metals complex should explode upward in a huge bullish move. Gold will probably triple in price from the low of $1,179.40. 

 
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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 word ‘silver’ originates from the Old English Anglo-Saxon word 'seolfor'