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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Alex who wrote (60338)10/29/2000 8:36:20 PM
From: goldsheet  Read Replies (1) | Respond to of 116930
 
> the monthly data set graphed above verifies this hypothesis, with a correlation of –0.87

It is interesting to note that the timeframe used included
1996-to-date, one of the strongest periods of inverse
relationships between gold and the dollar (the other
strongest period was 1985-1987) During other timeframes,
there were many periods that gold and the dollar went the
same way. A daily analysis (3783 days of data) from 1985
shows a correlation of .139, which almost makes them look
like completely independent variables

Regression Output:
Constant 118.366
Std Err of Y Est 7.978
R Squared 0.139
No. of Observations 3783.000
Degrees of Freedom 3781.000

X Coefficient(s) -0.064
Std Err of Coef. 0.003

Another example of "proving" whatever you need to by
correctly selecting data and timeframes.