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


To: ForYourEyesOnly who wrote (64090)2/20/2001 11:15:25 AM
From: sea_urchin  Read Replies (2) | Respond to of 117111
 
Thomas: Thanks for your frank reply.

However, I don't think you should be so honest on the internet as to state, publicly, "Most situations fall into category "C, and I have found it behooves me to stay away from situations that are in this category. Gold and silver on the Tocom fall into this category, and I don't have any positions at present."

Remember, we are surrounded by experts, especially on gold, and accordingly, even if one knows nothing one has to pretend that one knows a lot. Remember the buzzwords "Conspiracy, manipulation, forward selling, short selling, central banks, bullion banks, Goldman Sachs, gold leasing" and you, too, will be an authority!

"If you know of someone who claims to be able to predict prices accurately, ask them to predict whether the next day will be up or down (exclude flat days) in the same commodity for 100 days. I would wager that few can significantly exceed a 50% accuracy rate."

You have definitely come to the right place. Get your bet(s) ready.