SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.78+0.2%Nov 3 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Maurice Winn who wrote (44558)11/28/2009 3:12:23 PM
From: Maurice Winn2 Recommendations  Read Replies (2) of 217536
 
Ah here it is: <Thanks for that historical data TJ. Using financial relativity theory and mathematical review of said data we should expect US$1100 at 31 Dec 2009 and $1400 at 31 Dec 2010.>

Therefore, probabilistically, we should short gold to get it to $1100 for 31 December 2009, but be mindful that $1400 lies in wait a year later. That means the transaction costs make it not worth shorting gold from near-enough to $1100 right now.

Mq your predictive talents are supreme.

Admittedly, it's true that your prediction for QCOM for 2009 has been bung but it's hard to get a perfect record in short term fluctuations. It's like predicting climate - at any moment, the weather can play up something awful.

Mqurice
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext