Crude Oil Price Collapse Portends of Larger Monumental Rise

By: Ronald_Rosen

There is little known or written about the reason why crude oil was required to undergo a monumental collapse similar to a  huge dive. This monumental collapse portends an even bigger and more monumental rise.  In jest i would like to call this reason “the rule of rosen.” However, i know better than to usurp in any way those forces that are far more powerful than any mortal or collection of mortals.

Crude oil and gold bullion are apparently linked and inseparable in their overall behavior. Crude oil and gold, once having surpassed and broken the barrier of their previous multi-decade high, must return to that previous high and test it before they can proceed upward and reach their ultimate destination. The test is to determine whether or not the decade’s old barricade, once broken, is now support. Crude oil had much further to decline than did gold in order to test its previous all time high of $41.15 a barrel.

The voyage for crude oil and gold to unknown heights will begin as soon as it is known that their previous barricades are now support.  The barricades have to a high probability proven that they are now support. Launch time should be the next event to take place. However, this is not according to the “Rule of Rosen” but according to those invisible forces that guide our hands and light the way, if we pay attention. If we fail to pay attention they proceed without us.

  CRUDE OIL QUARTERLY

  GOLD BULLION QUARTERLY

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Ron Rosen and Alistair Gilbert

M I G H T Y I N S P I R I T

Ronald L. Rosen served in the U.S.Navy, with two combat tours Korean War. He later graduated from New York University and became a Registered Representative, stock and commodity broker with Carl M. Loeb, Rhodes & Co. and then Carter, Berlind and Weill. He retired to become private investor and is a director of the Delta Society International

Disclaimer: The contents of this letter represent the opinions of Ronald L. Rosen and Alistair Gilbert  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 and Alistair Gilbert are not registered investment advisors. Information and analysis above are derived from sources and using methods believed to be reliable, but Ronald L. Rosen and Alistair Gilbert 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.

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