Natural Logarithm: A New Method of Forecasting the Price of Gold
by Horst Balzer
Book Description: New Classics Library, Inc., Gainesville, 1983. Soft cover. 4to - over 9¾ - 12" tall. Softcover, Trade Paperback with White Card Stock Cover Black and Goldenrod lettering to cover, 1983.
Book Condition: Good, soil to covers (see photo), bumping to corners, some slight tanning to cover and pages, but otherwise pages are free of marks. No dust jacket as issued.
About the author: Horst Balzer was a technical researcher, market analyst and portfolio manager in Pinetown, South Africa. From the introduction: "The "Wave Principle," based on the Law of Nature, was discovered by R.N. Elliott some fifty years ago. It amounts to a simple understanding of Gold Price fluctuations in an orderly market. However, it appears that Elliott was not aware of the close link between Wave Principle and Natural Logarithm. This Study embraces a broad outline of the Wave Principle, Fibonacci Series Numbers, Golden Ratio and Logarithmic Spiral which are all fundamental factors of Nature's Law. A further attribute of the Wave Principle is its ability to predetermine the Gold Trend over a long or short term period. Very scarce title, 58 pages
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