Interesting figures on the surface.
Maybe a couple of caveats to go with your post.
I'm no statistics whiz so correct me if I'm off base here -but I seem to recall that an R squared correlation of about 0.7 or higher is needed before you start feeling confident about a trend...
Also, my personal favourite: Correlation does not equal Causation. So lets not confuse this as necessarily being a primary motivator for the silver price; it could just be a byproduct of other more dominant factors at play.
Not saying your necessarily not onto something here, but I think you at least need to qualify a few things.
Anyway, I went to the link you provided and the 'surplus' you refer to is actually 'implied net investment'. SO I fail to see how that is fascinating. I am probably missing something so let me know.
I also notice that this 'implied net investment' represents a small portion (<<10%) of the total demand.
buy silver !, page-41
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SILVER (COMEX) to my watchlist
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online