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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: E. Charters who wrote (14760)	6/29/2006 8:34:07 PM
From: yard_man	Read Replies (2) of 78418

of course this is categorically false -- weather cannot be predicted to any accuracy more than 24-36 hours out. Experience with the weather forecast would tell you this ... Saying it is going to be hot in the summer or hotter than usual one summer statistically -- is not an accurate forecast ... I am talking temperature, pressure and humidity within some error bounds which is better than guessin ... doesn't matter how big of a computer you have. No one has dealt with the problem discovered by Lorenz -- even if you could go to finer and finer grids, sampled more and more often there are other fundamental problems with the computations ... something called sensitive dependence on initial conditions ... scn.org I'm not saying forecasts that go out further aren't useful at all -- I'm just saying the odds of being right within some band deteriorate substantially as you go out further an further in time. Any meteorologist will tell you the same.

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