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<p>[QUOTE="Clawcoins, post: 3044417, member: 77814"]That website may use a simple mathematical model using a basic trending analysis on primarily historical trends, which should give results just like they give.</p><p><br /></p><p>Too bad PMs aren't basic on simple mathematical trends.</p><p><br /></p><p>Just looking at the oil price trend of going up 50% this next several months, their mathematical model clearly casts out market conditions in relation to supply and demand and the input of fracking, which now the Arab nations are now doing to open up new supplies of oil and gas .. thus increasing available reserves and creating more potential downward pricing pressures.</p><p><br /></p><p>I'd say .. find a better website for future forecasts.[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 3044417, member: 77814"]That website may use a simple mathematical model using a basic trending analysis on primarily historical trends, which should give results just like they give. Too bad PMs aren't basic on simple mathematical trends. Just looking at the oil price trend of going up 50% this next several months, their mathematical model clearly casts out market conditions in relation to supply and demand and the input of fracking, which now the Arab nations are now doing to open up new supplies of oil and gas .. thus increasing available reserves and creating more potential downward pricing pressures. I'd say .. find a better website for future forecasts.[/QUOTE]
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