Precious Metals Market Timing
The best-laid plans o' mice an' men

Ron Rosen
written Aug 27
posted Sep 1, 2005

A potential vicious decline in the precious metals complex may be close at hand. The next four to eight weeks may see silver, gold and the precious metal mining shares repeat their decline of thirty years ago. I have included a number of charts in this report in order to point out the similar patterns between 1974/75 and 2004/05. We are at the point in time where the decline may begin late this coming week or early the following week. The charts that show the Delta turning points confirm the probable decline at this time. The Delta turning points are one of the most powerful advantages that we could possibly have. In addition to the turning points The Gann Master Cycle studies are an absolute must if we are to have an inkling of what the future holds for the precious metals. We can philosophize all we want about gold and silver and fiat currency but to obtain the highest probabilities as to when the moves will take place we need very special tools. We have those tools and with care we will use them properly. However as we all know very well;

"The best-laid plans o' mice an' men
Gang aft a-gley,
An' lea'e us nought but grief an' pain
For promised joy."
-Robert Burns

In order to avoid the "grief an' pain" of missing getting aboard near a bottom area we have an alternate plan in the event our primary plan goes awry. That plan calls for us to jump on board the train once we have sufficient proof that the next Bull phase has started. The next bull phase for the precious metals complex will most likely be a monster move up. A monster move up means a monster bucking bull and we will have to hang on for dear life.

In all my 50 years of participating in the markets the most excitement and the most dynamic bull market has involved gold and silver. Yes, even more so then the Tech boom. Their must be something buried deep in the Human mind that rises to the call of Gold and Silver. We must deep down in our souls collectively know the truth about money and what is real and what is false. When that knowledge rises to the surface there is no way to stop it fully expressing itself except by force or legal mandate. I suspect some governments and government officials are well aware of this. If not they will learn.

Before we look to gold and silver we seem to express our selves by reaching for land, real estate, jewels anything of value until finally we turn to gold and silver. Gold and silver seem to be the last asset of value to rise dynamically in a commodity driven bull market, but rise they do and it is a sight to behold. Once they have fully expressed their energy the fundamental economic and financial problems will begin to be examined for real but not until the folks responsible are driven to the wall. At that point in time we the people will be paying the price of righting the wrongs unless we have learned how to protect ourselves. I intend to do my very best to help all those who look to me for help. There is no greater feeling then being able to help and unfortunately there is no worse feeling then hurting folks. I have not experienced the grief of hurting others financially and I intend to keep it that way. This means I will always have an alternate plan. O.K. enough of this the World is not coming apart just yet and it will be here for a very long time. We humans may repeat our behavior over and over and again and again thru time but what the heck we are Human. Someday we will learn! Oh yes, now I remember, "The Kingdom of Heaven is within." Enough, on to the charts.

Silver is repeating the timing of its 30 year cycle to a remarkable degree.

SILVER DAILY 1975
click image to see chart

SILVER DAILY 2005
click image to see chart

Silver may be headed for a double bottom near $5.50 in Feb 2006. The double bottom would be similar to what occurred in 1975.

SILVER WEEKLY 2005
click image to see chart

SILVER WEEKLY 1975
click image to see chart

GOLD DAILY 2005
click image to see chart

I have posted these on several occasions. If the patterns continue we will experience a decline starting soon.

GOLD WEEKLY 2005
click image to see chart

GOLD WEEKLY 1975
click image to see chart

Aug 27, 2005
Ron Rosen

email: rrosen5@tampabay.rr.com

Tee charts reproduced courtesy of The Delta Society International.

321gold Inc