A GREAT Model to Understand Gold’s Price Swings
Are Gold’s price swings as truly unpredictable as Bernanke, Yellen and Greenspan would have you believe? Is gold really a Barbarous relic with no place in a modern portfolio? Or is gold a valid insurance policy against the Fed’s $4 trillion balance sheet which is just a “pile of tinder, but hasn’t been lit”? In today’s article we are going to look at a model that predicted the recent peak in gold and current drop.
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