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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.78+0.2%Nov 3 4:00 PM EST

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To: energyplay who wrote (44379)12/29/2008 11:54:40 PM
From: maceng2  Read Replies (1) of 217536
 
Just been checking things.

POG $876
EUR/USD currently. 1.4096 or 1.41 is close enough for government work.

I also checked back with he latest data from the site where I took the historical data from, and it confirms. Very up to date btw, it confirms my broker is giving me the same quote.

According to my models is the POG should be $845, $844 or $851 depending on which version of the model I quoted predicted.

A delta of $25 is a little outside of my expectation to the upside. I don't know whether to be elated or disappointed at this news -g-

So continuing with along the same line, the reasons for this could be....

(1) Light trading, end of year adjustments type anomaly.
(2) The models are not right.
(3) Another new and unknown factor has come into play.

Typically I don't argue with what the numbers are telling me, so I am looking at (1) or (3) as possible explanations at the moment.

/edit. I've been tracking these velocity numbers, they are not getting any better yet.

research.stlouisfed.org
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