GOLD: Rocket in the Gantry
TRIGGER$ - January 2013
Everyone should put their harness on!
The Gold rocket is ready in the gantry and positioned for lift off. Newly elected Japanese Prime Minister Shinzo Abe has his finger on the launch button and the rocket science team of Bernanke, Draghi and King, who unwantingly are responsible for the launch, are watching the countdown very nervously.
The reality is none of them want this rocket to launch, but they built it and now they have few options left but to 'let her fly', and see where she goes. They mistakenly think they can control her, but she has never been flown before, has no guidance system and is capable of leaving the earth's orbit. This could be interesting and everyone should put their harness on.
DRIVER$
Before I show you the blue prints for the launch, I thought we should discuss the extremely volatile fuel pumped into this unguided missile.
The fuel onboard is sufficient to get "GoldRocket I" to an elevation of about 2100 on the SPX, on this initial trip. She is capable of significantly more but likely will be limited until the subsequent trip of "GoldRocket II"
YEN CARRY TRADE IGNITION
Now let's talk about ignition. Indications are that GodRocket I will launch with the combination of Prime Minister Shinzo Abe's Yen Carry Trade Explosion and a first quarter 2013 US Debt Downgrade.
LONG TERM FLIGHT TRAJECTORY
GoldRocket II is likely going to be held until later in 2013 when a Collateral Contagion associated with Rehypothecation impacts the $640 Trillion SWAPS market. The degree of risk adjusted mispricing and malinvestment almost assures this launch. The long term flight trajectory as shown below on this quarterly Gold flight plan is pretty clear, only the actual launch date of GoldRocket II is still to be finalized. The chart suggests it to be later in 2013.
TRIGGER$
Our focus should be on GoldRocket I's spectacular lift towards 2100. We have a raft of "TRIGGER$" showing the launch is near at hand.
HPTZ$ - High Probability Trading Zones
ELLIOTT WAVE
HIGH PROBABILITY TRADING ZONES (HPTZ$)
CONCLUSION
A "SILVER TIPPED" GOLD ROCKET
As Interesting as GoldRocket I and II are, the real payload is SILVER. These will be silver tipped rockets and the 'poor man's gold' will be seen clearly during the spectacular rise.
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Author: Gordon Long
Gordon T. Long
Publisher - LONGWave
Gordon T. Long has been publically offering his financial and economic writing since 2010, following a career internationally in technology, senior management & investment finance. He brings a unique perspective to macroeconomic analysis because of his broad background, which is not typically found or available to the public.
Mr. Long was a senior group executive with IBM and Motorola for over 20 years. Earlier in his career he was involved in Sales, Marketing & Service of computing and network communications solutions across an extensive array of industries. He subsequently held senior positions, which included: VP & General Manager, Four Phase (Canada); Vice President Operations, Motorola (MISL - Canada); Vice President Engineering & Officer, Motorola (Codex - USA).
After a career with Fortune 500 corporations, he became a senior officer of Cambex, a highly successful high tech start-up and public company (Nasdaq: CBEX), where he spearheaded global expansion as Executive VP & General Manager.
In 1995, he founded the LCM Groupe in Paris, France to specialize in the rapidly emerging Internet Venture Capital and Private Equity industry. A focus in the technology research field of Chaos Theory and Mandelbrot Generators lead in the early 2000's to the development of advanced Technical Analysis and Market Analytics platforms. The LCM Groupe is a recognized source for the most advanced technical analysis techniques employed in market trading pattern recognition.
Mr. Long presently resides in Boston, Massachusetts, continuing the expansion of the LCM Groupe's International Private Equity opportunities in addition to their core financial market trading platforms expertise. GordonTLong.com is a wholly owned operating unit of the LCM Groupe.
Gordon T. Long is a graduate Engineer, University of Waterloo (Canada) in Thermodynamics-Fluid Mechanics (Aerodynamics). On graduation from an intensive 5 year specialized Co-operative Engineering program he pursued graduate business studies at the prestigious Ivy Business School, University of Western Ontario (Canada) on a Northern & Central Gas Corporation Scholarship. He was subsequently selected to attend advanced one year training with the IBM Corporation in New York prior to starting his career with IBM.
Gordon T Long is not a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. Of course, he recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and barring that, we encourage you confirm the facts on your own before making important investment commitments.
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