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re: Dont let today's fools gold fool you.
Posted on 10/21/11 at 11:50 am to C
Posted on 10/21/11 at 11:50 am to C
quote:
Do you account for inflation? That prediction was more than two months ago. Inflation for that period was probably .3%. So his starting value is 1223.7 with a 1% margin gets us to 1235.94. And of course only closing values count for ranges higher than his predictions so we have not broken through his absolute limit of 1220 yet.
Agreed. Also, if that stops working, let's just blame it on the gorvernment lying about inflation stats.
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