Archive for April 2013
GLD representing gold
These are historical extremes
and similar locations to the 2008 stretched bottoms.
Gold appears due for a
reversion to the mean
[at least to its 200 MA]
In 2008, after returning to it’s 200 MA
gold plunged again below its prior low.
Tagged with Business, Exchange-traded fund, Gold, Gold as an investment, Master of Arts, Mineral Exploration and Extraction, Precious metal, Regression toward the mean, Standard deviation, Superior mesenteric artery, Syria