GOLD 0.51% $1,391.7 gold futures

gold, page-39229

  1. 42,341 Posts.
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    If you analyse data then you have to use published calculated from the Stats dept or else what do you use?

    I know there is inflation in property but not other items used in the basket of inflation measurement. There isn't a perfect model and market will react to authorised publish data for reactionary price action. If you think there is plenty of inflation then you are of the belief that QE has been working? I am not here to have an argument with you but I only make my bias on what I can see and measured. Charts form a big part of that tool box, looking at all the sectors from a cursory glance at Bonds to high risk stock indices.

    I originally formed the view about US market through some type of belief system ie. waiting for that market crash any day now ..., but it was such a wasted exercise because I gave myself more credit than afforded that I know where price is going! Now I came back down to earth, starts from ignorance and look for evidence of market tops as it happens rather than anticipates them.

    Go picking a bottom and you get smelly fingers, picking tops and you will get a "long neck". Just my idiotic humor of dealing drugs in Asia!
 
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