07/12/2008 by Philinje.

Note in the blogroll to the left a link called “James Conrad - required reading.”

Here’s the link again but it will always be there on the blogroll:

http://seekingalpha.com/article/109210-the-manipulation-of-gold-prices

THis is the most detail, knowledgeable and insightful commentary on the current financial situaiton that I have read anywhere. Period.

You will learn exactly what is going with the dollar and US Treasuries, and what is likely happening with gold in terms of Bernanke trying to save the world economy. Everything now makes sense.

Enough said!

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07/12/2008 by Philinje.

Folks, my trading career has recently been changed by an enormous discovery.

For years I have loosely followed  the commentary of one Ron Rosen, who provides charts with a most unusual notation. To understand the signficance of what I’m about tell you, first read this:

http://www.wilder-concepts.com/theDeltaStory.aspx

I ordered the book and it is life-changing. I’ve done lots of study of trading techniques, and this is totally unique. Welles Wilder is actually the guy that invented some of the common trading indicators used by technical analysts worldwide. So you should take what he has to say seriously. And he says up front this is different from everything else, and for good reason: Delta is the underlying order of all markets.

Anyone who wants to get into this deeply should order the book.  But there is also a service that pertains to gold, and that is the Ron Rosen group on the Delta website. It’s $30 per month, and I highly recommend it.

The format is a bit odd but very friendly. Basically, it’s an online forum where Ron and his partner Alistair Gilbert post their charts and analyses, then members comment and ask questions and give each other interesting tidbits. The charts are invaluable to say the least.

What Delta is, is a universal timing principle that applies differently to classes of commodities, stocks, currencies, and anything that is traded in a public market. Once you see it in its various forms, you will be astounded.

A quick way to get started with gold in particular is Ron Rosen’s Letter, which is presented in forum format.

http://www.wilder-concepts.com/rosenletter.aspx

Once you have dipped your toes, you might want to get the Delta book, and check out the range of things Welles Wilder offers. Included with the Delta Phenomenon is The Wisdom of the Ages in Acquiring Wealth and I also recommend that, though it is almost the opposite sort of thing.  Definitely something to give anyone, and especially young folks.

http://www.wilder-concepts.com/productsservices.aspx

I am not selling this stuff. This blog is purely informational and I am so gob-smacked by this (after using it with gold and gold stocks for the past couple months), that I had to say something.

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