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So do you see "the sign" yet Dr Who? are you short...gold I mean.

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kallak

94 Posts.

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17/08/19

18:25

Post #: 40026066
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Originally posted by Dr.Who: ↑

You are pathetic. You know very well I corrected you for misunderstanding how to interpret the correlation coefficient. You learn from my lesson then make a feeble attempt to discredit others on a statistic that you clearly have little understanding.

Pick your timeframe. 1980 to present day, a coefficient of -0.65. While less strong that the recent -0.90 anything to the right of -0.50 (or the left of +50) is a strong correlation.

Gold tends to move opposite to interest rates. Interest rates will rebound and when they do gold will plummet - very fast.

I'm patient and I short Gold when I see the sign.

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So do you see "the sign" yet Dr Who? are you short...gold I mean.
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