Is the September Gold Rise Really Predictable?

Discussion in 'Bullion Investing' started by Billincolo, Sep 1, 2009.

  1. Billincolo

    Billincolo Senior Member

    Here is a graphic I received with an article today.
    Here is the link to the article.

    Here is the graph in the article that I am curious about. Can anyone comment on it?

    Thanks -- Bill

    [​IMG]
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. CrustyCoins

    CrustyCoins Twilight Photographer

    I'm not sure I would call 2.5% predictible or meaningful. There was a large blip where it went on a tear to 1K a couple years ago, I wonder if that threw the average off.

    2.5% is only about a $20 swing at today's price and much smaller years ago.
     
  4. Billincolo

    Billincolo Senior Member

    Hmm ... maybe I was fooled by the graphic representation and didn't note the percentages. Probably their purpose, since they want to sell some gold. At some levels, that percentage would be important, but not at any level where I could buy.
     
  5. CrustyCoins

    CrustyCoins Twilight Photographer

    Yep, a good savvy marketing guy can make anything look good. :)
     
  6. yakpoo

    yakpoo Member

Draft saved Draft deleted

Share This Page