Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Gold and Silver charts
>
Reply to Thread
Message:
<p>[QUOTE="Southpawdon, post: 3760832, member: 101593"]If gold and silver have no intrinsic value, then their value must be defined by the collective view of those willing to put up funds for them. As such it seems to me as if the charts display all of the competing views of value present at the time of price setting. Accordingly there is great value in the historic charts. Unfortunately we seem to be unable to assign sufficient weights to the forces that result in historic prices. There are theories, views, opinions that are used to make forecasts of future value and depending upon the collective view of those ideas tomorrow's price results. Since I am sure that tomorrow's views are heavily influenced by today's results I find it hard to believe that technical analysis has little value in helping to forecast tomorrow's price.[/QUOTE]</p><p><br /></p>
[QUOTE="Southpawdon, post: 3760832, member: 101593"]If gold and silver have no intrinsic value, then their value must be defined by the collective view of those willing to put up funds for them. As such it seems to me as if the charts display all of the competing views of value present at the time of price setting. Accordingly there is great value in the historic charts. Unfortunately we seem to be unable to assign sufficient weights to the forces that result in historic prices. There are theories, views, opinions that are used to make forecasts of future value and depending upon the collective view of those ideas tomorrow's price results. Since I am sure that tomorrow's views are heavily influenced by today's results I find it hard to believe that technical analysis has little value in helping to forecast tomorrow's price.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Gold and Silver charts
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...