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Gold – the final bubble, page-158

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33,110 Posts.

1402

27/05/15

10:54

Post #: 15358530
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Originally posted by mainholm ↑

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

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That's because he's used technical analysis, resistance and support - Einstein.
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0 Great analysis

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