"No warning can save people determined to grow suddently rich" - Lord Overstone

  • 4 hours The Secretive Wall Street Firm Betting On Bitcoin
  • 5 hours ‘Data Is King’: The Oil Industry’s Next Most Valuable Resource
  • 6 hours Google Invests $300 Million To Combat Fake News
  • 7 hours Zuckerberg Dodges A Bullet As Facebook Loses Billions
  • 8 hours Tesla Tumbles As Investors Lose Patience
  • 10 hours Are Alt-Coins On The Verge Of A Break Out?
  • 11 hours What Should Gold Investors Expect From The New Fed Chair?
  • 13 hours Who Will Pay For Trump's $60 Billion China Tariffs?
  • 1 day Vladimir Putin’s Mysterious Fortune
  • 1 day Cryptos Resist Social Media Crackdown
  • 1 day The Death Of Dodd-Frank
  • 1 day Bitcoin Bounces Back Ahead Of G20 Meeting
  • 1 day Trump's Trade War Nears Boiling Point
  • 1 day Will April Be A Turning Point For Precious Metals?
  • 1 day Economic Pressures Weigh On Banks And Borrowers
  • 2 days U.S. Political Uncertainty Keeps Stock Markets On Edge
  • 2 days Gold: The Religion Of Currency
  • 3 days Economists Polarized On Trump’s Tariff Plan
  • 4 days Why Are Investors Overlooking Gold Stocks?
  • 4 days The App That Democratized Trading Is Now Worth $5B
What Killed Toys ‘R’ Us?

What Killed Toys ‘R’ Us?

In another blow for America’s…

The App That Democratized Trading Is Now Worth $5B

The App That Democratized Trading Is Now Worth $5B

Investors and customers have rallied…

Tesla Tumbles As Investors Lose Patience

Tesla Tumbles As Investors Lose Patience

As Tesla’s Model 3 looks…


In last week's Commentary I promised to share my forecast for the low of the 10/28/13 decline. I call my approach the Hybrid-Lindsay method as it uses the concept of Middle Sections which were developed by George Lindsay in his seminal paper "An Aid to Timing". Using Middle Sections tells us whether to expect the forecast date to be a high or a low. I combine this approach with what Lindsay called "intervals of equidistance". These are similar to cycles except that they can stretch from high-to-low or low-to-high and not just low-to-low as cycles are normally thought of.

Figure 1 shows two separate intervals converging on Monday, 11/11/13. A 27 day interval and a 93 day interval; the 93-day interval actually focuses on last Friday, 11/8/13. From this information we know to expect a turn date but don't know whether it is to be a high or a low - of course we had a pretty good idea by Friday.

100 Oz Gold Composite Chart
Larger Image

In Figure 2 we can see that the high of a flattened top occurred on 6/3/09.

Gold's flattened top on June 3, 2009
Larger Image

Figure 3 shows that this high stretches 811 days to the top of the bull market on 8/23/11 and 811 days later is... yesterday - a forecast for a low. This is low is not expected to be the final low of the 2011 bear market for gold.

100 oz Gold Composite Chart
Larger Image


Request a "sneak-peek" (trial subscription) at Seattle Technical Advisors.com


Back to homepage

Leave a comment

Leave a comment

Sign Up For The Safehaven Newsletter