Gold – the final bubble, page-157

That is hilarious forecasting of probability.

It states:
10% probability that the final bottom in precious metals is already behind us
10% probability that we’ll see the final bottom with gold at $1,085 - $1,100
35% probability that we’ll see the final bottom with gold at $1000 - $1,040
35% probability that we’ll see the final bottom with gold at $850 - $900
10% probability that we’ll see the final bottom with gold below $850.

That means there is 0% probability that we'll see the final bottom at $901 - $999,
and 0% at $1,100 to $1,140

The probability equation of this commentator is seriously flawed. It is a piece of trash. But........... one man's trash is another man's treasure, so they say.

Another junkyard dog!

Cheers