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Old 04-05-2013, 12:21 PM   #1
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Danger in Predicting PM Prices


I have written here that I am less confident in making predictions...

If anyone had asked me on Mon April 1 to predict the big declines in PM prices this week, I would have missed that 100%...

*** I have two charts there, DCFusor, swissaustrian and anyone else who does T.A., I would be interested in your comments on gold's technicals here... ***
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Old 04-05-2013, 12:38 PM   #2
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I predict wild vacillations in PM prices right up to the zombie apocalypse. After that, they will do well as trade units for stuff until people realize that no more of anything is being produced and distributed, at which point they will revert back to pieces of really heavy stuff that hold down really light stuff when it's windy.

; - )
All things being equal, the simplest answer is quite often the correct answer - Occam
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