A Formula That Predicts The Price Of Gold

sevin

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Joined
Oct 6, 2008
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4,648
Thought this was pretty interesting.

http://seekingalpha.com/instablog/121744-mark-anthony/204658-how-fast-can-the-us-dollar-collapse

GoldChart2.JPG
 
It doesn't predict future prices. It might describe past prices with a high R^2 but gold prices depend on real things, not abstract formulas.
 
All they did was fit a best-curve equation to existing data. You can't extrapolate beyond your data range.
 
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