There are two quite different sides to Gann analysis, the deeply theoretical, seeking to understand the essence of the science behind Gannís market theory, the Law of Vibration, and the outright practical, looking for working tools and techniques that will help with applied trading. Though our greatest interest is in the cosmological theory behind Gannís work, and the universe in general, we also specialize on the practical tools that traders need to specifically analyze and trade the markets. Some Gann experts excel at theory, while others are simply practical traders who are less focused on ideas in deference to trading techniques. This category will specifically focus upon the books and courses that provide very specific and applied tools from Gannís toolbox used for real time trading. Some may explore deeper theoretical principles and some may just focus on pure trading tools, but this category will give working techniques to better fill the arsenal of any trader. We often recommend that new Gann students focus first on developing a practical trading ability, so that they can fund their future research with profits from their trades, and then also apply new insights from their theoretical study to their practical trading as they advance. This section will help to identify those most practical tools.
Dan Ferrera is one of the most respected market analysts and educators in the Gann field. For 20 years his works have been some of the most popular in our catalog. Aside from being one of the clearest interpreters of Gann, he also has produced his own advanced work, The Spirals of Growth & Decay, developed prior to his analysis and presentation of Gannís theories. For those seeking a solid, Masterís Degree level education in technical Gann analysis, we cannot recommend anything more highly than Ferreraís works.
Ferrera has written detailed course on every angle of Gannís work and provides a fast track into a deep understanding of each field of Gannís work as well as advanced topics in technical analysis. He has works on cycles analysis, Gannís Square of 9, Gannís Mass Pressure Charts, one on risk management and Gannís swing trading system, another on the details of Gannís complex geometrical and mathematical tools, one on astrological Bible interpretation, on teaching how to create yearly forecasts like his own yearly Outlooks, which give a prediction for each year, and more. If you are wanting to get a first taste of Gann and to save yourself years of hard work putting together his ideas, Ferrera is a perfect place to start, and walking through his series of fantastic is like getting a Masterís degree in Gann and technical analysis.
W.D. Gann Works
W. D. Gannís private courses represent the most important of all of Gannís writings, and go into much greater detail than his public book series, with which most people are only acquainted. They should be carefully studied in their full detail, as they contain the deepest insights into Gannís theories ever presented. Stock traders must be sure to study all the commodity courses and vice versa, since Gann often put techniques that applied to all markets in only one or another course.
We stock the complete collection of the works of W.D. Gann, both his courses and books. Our set of Gannís courses were initially collected and compiled by Dr. Baumring and Donald Mack in the 1980ís from dozens of original rare private course that were distributed by Gann throughout his career. Many people mistakenly think that Gann just wrote two courses called the Master Stock Course and Master Commodity Course. This couldnít be further from the truth! Each of Gannís ďcoursesĒ were actually small, ďsectionsĒ of a few pages to a few dozen pages, individually bound in paper folders. These various pieces were then compiled into different sets which he sold as various collections at different prices to different students over the decades. Some were more commonly sold to all students, while other were more secretive and sold only to close private students who often signed non-disclosure agreements, and paid exorbitantly high prices. It is these rarest pieces that make the difference between one collection and another.
The later courses Gann sold in the 1940ís and that he ďcalledĒ the Master Courses were nothing but various compiled collections of these smaller pieces, and would vary according to who purchased them and what price they paid, and were never set until after Gannís death when purchased by Ed Lambert. For instance, there are pieces that Gann advertised in the 1950ís as ďnewĒ like his Master Mathematical Formula for Market Predictions, or his rare #3 Master Time Factor Course which were never included in his ďMaster CoursesĒ, and similarly were never included with any of the Lambert Gann courses sold by Lambert or the Jonesí from the 60ís until now. So these ďmasterĒ courses are and have always been incomplete collections. Further, the Lambert Gann courses sold by Billy Jones through the turn of the century, were retyped and re-edited by Billy so that they did not provide the original unadulterated content that Gann produced, making them unreliable, edited versions. Our editions are exact facsimiles of the original copies sold by Gann, with no editing or adulteration of any kind.
Our 6 Volume set of Gannís Collected Writings was further supplemented by new finds of rare pieces, like those mentioned above, rediscovered by the Institute over the past 30 years since Baumringís death, and comprises the most complete and the only properly organized set of courses that are available. Gann has very particular sets that he sold only to his higher end clientele, placed in specific order to provide a particular logic to his work. Our collection maintains this order and includes a further collection of rare and historical courses, letters and private materials which make our collection the most complete and important collection available. Serious students of Gann should beware most ďsupposedĒ collections of Gannís writings as most are unauthorized, incomplete, and distorted representations of his work, and cannot be trusted. Our set it the most reliable set of Gannís unadulterated and most important work availableÖ
While W.D. Gannís own original work is a critical element for any Gann researcherís collection, most people will find Gannís work to be extremely vague, complicated and difficult to penetrate on their own. In our experience, it can take many years, if not decades for the ordinary analyst to, by themselves, digest and apply the deeper techniques of Gannís, without significant help by well-seasoned analysts and traders who have dedicated years to decoding and creating practical tools from Gannís techniques. This is why there is a fundamental and valuable secondary market of works presenting and developing Gannís ideas, and making them accessible to any trader. We believe that the best teachers in this field are not competitors, but are fellow contributors to an ongoing field of research, and that their work is mutually supportive and will provide expanded insights when more material is understood.
We maintain the largest collection of secondary works on Gann Theory of anyone in the field. Many of these books we publish ourselves, and are written by top Gann experts and experienced Gann traders from across the world. However, we also review works written by other Gann experts across the field, and add to our catalog any material we consider to be of high quality and importance from the global community of Gann analysts. With our experience in the field, we are well qualified and to provide a peer review of these materials, so as to filter out the best quality work from that of a lower caliber, and then present these to our clientele who demand the highest standards. So any book or course that you find in this catalog can generally be considered to be of the upper echelon of works on Gann analysis. We have new authors submit their research to us ongoingly, so that we are always adding new items to our catalog with fresh insights, alternative techniques or new ideas. In this way we are able to save our clients significant wasted funds in exploring the territory at their own cost.
The Institute of Cosmological Economics specializes in financial market theory and analysis. An educational financial research institute dedicated to stock, commodity and Forex market analysis, financial market trading and investment theory, the Institute of Cosmological Economics is a resource for market traders, providing courses, financial market books and publications on advanced financial market analysis, forecasting financial markets and market trading.
The Institute of Cosmological Economics (ICE) is a financial research institute, cosmological think tank, boutique publisher and educational institute dedicated to a specialized niche of financial market theory which we call Cosmological Economics. This field of financial analysis represents one of the oldest branches of financial theory, its origins reaching back in the late 1800’s and its heyday to the early to mid-1900’s, during what is known as “The Golden Age of Technical Analysis.”
Experts in the subject consider the greatest developments in the field of technical analysis to have been produced during this time (1900 - 1960), and most modern market knowledge is considered to be but a repetition or reworking of these past theories and techniques developed by the Old Masters of the Golden Age. In these historical works can be found the timeless trading wisdom which has laid the foundations upon which all modern investment theory and literature is based.
For this reason there has remained a serious and scholarly niche group of traders, researchers and analysts who look primarily to the original source works of the famous masters of the past for deeper insights, techniques and tools that have been lost in modern times. This group has inspired an active market for rare and proprietary analysis techniques and proprietary trading systems which give them an edge over today’s less informed main stream analysts.
Our Origin & History
ICE has long and deep roots going back several decades through a number of organizations which culminate in this current institute and website. Looking furthest back we must credit Donald Ian Mack with the origination of the bookstore which ICE, in part, still represents today. Donald Mack was a market scholar and collector with one of the most extensive libraries of rare financial market books in the world. He originally founded the Library of Investment Study back in the 1970’s and opened the first bookstore devoted solely to books on the financial markets.
In the early 1980’s he met Dr. Jerome Baumring, to whom he gave access to his extensive library as a research archive for Baumring’s intensive study of the financial markets while attempting to reverse engineer W.D. Gann’s legendary trading systems. Dr. Baumring devoured the 5000 books in Mack’s collection, and after cracking Gann’s system, they developed a partnership which integrated Mack’s library and bookstore with a new educational program in advanced Gann analysis created by Dr. Baumring. They named their new venture The Investment Centre.
Between Mack’s and Baumring’s massive 20,000 volume combined financial libraries, a bookstore filled with the largest selection of old and new works on every branch and element of the financial markets, their reprint series of the rarest and most important works of the old masters, and Dr. Baumring’s educational program on Gann Analysis, The Investment Centre became one of the world’s premiere educational establishments and knowledge resources for materials on investing, trading and forecasting the financial markets. All of this occurred at a time well before there was any kind of education available on stock or commodity market analysis and trading at any university, and well before the advent of quantitative analysis and market theory which is beginning to be studied academically today.
Customers visited from around the world to build their investment libraries, and experts in many fields bought rare editions or one-of-a-kind manuscripts, such as R. N. Elliot’s original manuscript of Nature’s Law which Mack sold to Robert Prechter for $25,000. We still come across many people today who share fond memories of visiting the bookstore and spending hours perusing the stacks of rarities back in the old days, or professionals who credit it for setting them on their first path to a serious study of the financial markets.
In the late 1980’s Donald Mack moved to England where he continued his efforts to bring greater public exposure to these classic works through a series he developed with the London Financial Times called The Trader’s Masterclass Series. Donald edited and introduced this series of classics which were available through the late 1990’s, but which sold out and now command collector’s prices. With these works again long out of print, we continue to make available affordable reprints and digital versions of exact facsimiles of the original editions of these highly sought after works for new and younger researchers and analysts who have yet to benefit from this ageless wisdom.
In 1992, Dr. Baumring passed away and the Investment Centre Bookstore closed its doors once and for all, ending the era of old book stores and wonderful libraries as the world transitioned into the digital information age…
Our First Internet Presence
After Dr. Baumring’s untimely death, his widow wanted to assure that the essential research materials required for Baumring’s courses would remain available for his students, and that Dr. Baumring’s work would be preserved for future generations interested in the theories of W. D. Gann. She asked Dr. Baumring’s closest and youngest private student, William Bradstreet Stewart, to become custodian of Baumring’s work and library and to continue publishing his courses and the essential reprints and research materials required for Baumring’s advanced studies. Stewart agreed and continued to reprint both the core collection of critical source works personally selected by Baumring for his educational program as well as Baumring’s own course series, initially keeping them available only for the group of 100 students left behind by Baumring.
In 1995, as the Internet began taking form, Stewart thought it looked like an interesting medium to use as a central means of distributing this collection of research materials and Baumring’s Courses, potentially making them accessible to a larger public. He was surprised to discover a wide group of people from across the globe on this early Internet, who were deeply interested, not just in the financial elements of Baumring’s work, but also in the rare and historical scientific and esoteric treatises in the catalog.
Before long there were scientists interested in non-traditional theories, college professors, occultists, and engineers developing alternative technologies, along with financial analysts and traders, all desiring these rare books and seeking even more related materials. The catalog continued to grow to over 400 titles as Stewart reprinted an ongoing series of rare works from his own and Baumring’s extensive libraries, and the clientele continued to diversify as more people began exploring the Internet.
Since 2/3 of these works were not directly related to financial markets, but covered scientifically orientated and esoteric literature, Stewart chose a more neutral name representing the combination of these two fields, Sacred Science Institute, for the new web presence so as to not overly identify the catalog solely with financial market research.
Over the next 20 years, Stewart expanded the Sacred Science Institute library to more than 15,000 volumes and the catalog of publications to over 500 titles, continuously discovering and reprinting new rarities from historical fields of interest, as well as developing new authors, primarily in the fields of financial analysis and trading.
He also developed a program to translate rare and important historical works from foreign languages into English through the Sacred Science Translation Society which proceeded, with the cooperation of over 100 contributors, to translate and publish seven import works in the fields of harmonics, esoteric science and cosmology, gaining the recognition of the Los Angeles Times for these efforts.
As the catalog developed through the years, it became evident that there were two very different sets of clientele with fundamentally different and sometimes conflicting orientation, the financial analysts and the scientific and esoteric researchers. While many Gann based researchers were deeply engaged in esoteric studies, other mainstream financial analysts were put off by the esoteric material represented by the Sacred Science Institute.
Similarly, many scientific and esoteric scholars were put off by the strong orientation towards financial market analysis, a subject they considered to be an overly materialistic application of scientific and esoteric wisdom. It was therefore decided that it was due time for a split of these two segments of clientele, giving each its own website and institute representing its more specialized focus.
Creation of The Institute of Cosmological Economics
The Institute of Cosmological Economics was created in 2008 to take over the publication and representation of the financial segment of the Sacred Science catalog, publishing the works of the old masters, Dr. Baumring’s courses, and the line of new books and proprietary trading courses written by the group of modern authors specializing in advanced financial market analysis and trading.
Sacred Science Institute would focus upon the publication of the scientific and esoteric works in the catalog, and develop and represent new authors specializing in more scientific and esoteric research. These two sister Institutes each now have their own websites and mailing lists where clients can subscribe to only the very specific categories information in which they are interested, without exposure to the cross-over categories outside of their field. To visit the Sacred Science Institute, see www.sacredscience.com.
Dr. Goulden takes a different approach to market analysis than most normal traders and educators. As a Cambridge educated scholar, Goulden is interested in deep principles and in exploring the foundations and implications of both trading techniques and the systems behind them. Before he was ever interested in the markets, he was asked by a friend why Gannís tools and system are considered to be based upon metaphysical principles. He found this question intriguing and engaged in deep research in the field to answer this question. In this process he recreated a new set of tools based upon principles of Ancient Geometry and Celestial Mechanics. His tools are taken from the same sources as Gannís and are quite powerful, but are slightly different from Gannís, so that traders often use them as non-correlated cross-confirmation tools giving similar technical indications but from different perspectives.
His work is deep and has many layers of application and exploration that can be derived from it. His latest work on financial astrology, The Secrets of the Chronocrators, looks back to the astrological and astronomical systems of the ancients, reviving the more mathematical and technical astrology of the Great Masters of the medieval and prior times. Exploring principles like Spherical Astronomy and subtle movements of the Solar System, it seeks to develop a more advanced and scientific system of astrology determination as distinguished from the simpler forms that are generally known. It represents a new movement to re-explore the deeper scientific systems of the ancients that were lost in the press towards the development of a purely mechanical science.
Goulden is a superb educator and the most active Forum moderator that we have seen, with each of his Forums for his courses having 1000ís of posts with detailed questions and answers, deviling deeply into further and new fields of research beyond what is presented in his courses. His Online Forums serve as an advanced classroom where the details of his theories are discussed and elaborated and where students share their research and work with each other while overseen by Goulden, who continually presents new ideas and suggestions.
Hasbrouck Space and Time
One of our great historical discoveries is the Hasbrouck Space-Time Archives, a collection of rare research materials and forecast letters lost for over 30 years. This research develops a new theory of market influence based upon Solar Field Force Theory that was developed during the birth of the space age. The Hasbroucks were deeply connected to the esoteric and financial market communities from the 1920ís through the 1970ís, and contributed a new and recontextualized presentation of information taken from older original esoteric sources. They present a new field of study of solar phenomena, space weather prediction, earthquake prediction and market forecasting.
Muriel Hasbrouck was the inspiring force behind the research, which a foundation in Theosophy and trained as a classical pianist, she pursued an interest in original source works in astrology, through the turn of the 19th century into the early 20ís. She studies with greats like Walter Russell, Paul Foster Case, Aleister Crowley, and Israel Regardie within the esoteric fields. In the market realms she was close with many of the great analysts of her day like Edson Gould, Edward Dewey, Hamilton Bolton, SA Nelson, and more. She and her husband Louis produced a well-received forecasting letter for 30 years called Space Time Forecasting of Economic Trends, and are now quite famous for forecasting the exponential bull market of the 90ís and subsequent crash 50 years in advance! Their theories of Solar influence upon human and earthly experience through geomagnetic influences still lie at the cutting edge of scientific speculation.
Dr. Jerome Baumring
The work of Dr. Baumring is the core inspiration upon which this entire website is based. Baumring is the only known modern person to have cracked the code behind WD Gannís system of trading and market order. However, even further, Baumring rediscovered and elaborated the system of scientific cosmology at the root of Gannís Law of Vibration. There is absolutely no other Gann teaching that goes anywhere near as deep as Baumringís work, or that even so much as attempts to approach the core ideas developed by Baumring. This study is for those who are interested in the mysteries behind the markets and the ordering system behind the universe itself. This is the study of cosmological theory on its deepest level, and of the interaction between man and the cosmos in which he lives, explored through an examination of causation and propagation of forces in the financial markets.
Dr. Baumringís course program is not easy, and should not be approached without the willingness to commit at least a few years to the study. It is a long and detailed course, requiring the equivalent level of research and difficulty as most PhD programs, but in the field of Gann Analysis, which is not taught at any university. It requires many years of challenging work including the reading of many dozens (if not 100ís) of books required to develop the foundations needed to understand Gannís approach to the markets. It is a very serious study that should only be approached by those willing to dedicate themselves to intense thinking and vast research across many fields of knowledge including: astronomy, biology, physics, finance, cycles, wave mechanics, geometry, mathematics, astrology, numerology, number theory, numerous esoteric and alternative scientific theories, and much, much more. Baumring summarized his system by the term ďNumerical AstrophysicsĒ in an attempt to give a modern name to an ancient theory that Gann himself had discovered.
Of all the analysts and traders we have known, the most advanced have all come to their understanding through following the lead of Dr. Baumring, or through having gone through a similar and parallel study and path of research to his. His teachings represent the ďbest of the bestĒ of all material on Gann publicly available, but it will not give up its secrets to a mere superficial perusal. Baumring does not spell out simple explanations of how Gannís techniques work, but rather leads his students into the depth of the science behind the system, while slowly elaborating how the techniques build upon this deeper science. For those seeking a fast path to the application of Gann exoteric trading principles, this is NOT it! Baumringís work is not merely some market trading program, and indeed if approached this way may be found to be dissatisfactory.
Baumring himself often said to his students, ďIf you only are looking to make money, donít bother studying Gann, itís too difficult. Simply study swing trading systems, risk management and options strategies, and you can make all the money you want to make.Ē (Note: we have excellent books on these alternativesÖ) There are much easier and more direct methods to learn to effectively trade the markets than studying Gann. Those in more of a hurry to apply Gannís work to trading may want to begin with the work of Ferrera or one of our most applied analysts, like Prandelli or Gordon Roberts, and save the Baumring work for a later time to explore at your leisure.