gold, page-9396

As always appreciate the posting Andy.

So i have done a variation on the gold price if we had GFC2 at todays gold price.

I basically derived the numbers from reviewing old historic charts. Forgive me if someone has done more accurate numbers but here's what i got.

Ok so here's the mathematical calculation to explain what the exact diff would be if the market had the same GFC impact today as back in 2008/2009 for gold.

Assuming Gold is at $1750 oz (price today) and we got a .25 SD (standard deviation) on the down-leg followed by X 4.5 SD on the up-leg (same same) we would have the following formula play out.

Down leg: $1750 *25% = $438 - $1750 = $1312 - Low Gold
Up leg - 4.5 x $438 = $1971 + $1312 = $3283 - High Gold

Would love any other comment or tables for refining my numbers for my own investment exit strategy's..

Cheers

RT