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Hal C
Member since May 2012
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The D-Wave Begins

- Toby Connor - Gold Scents

Is it the hand of God that causes the price of gold to conform to the patterns you track? Is it the actions of governments intervening to paint the picture the patterns expect to see? I am not challenging whether your predictions are accurate or not. I haven't done that research. As a potential customer of your service though it turns me off for you to so strongly dismiss evidence discovered by others as reasons for the market to behave the way it behaves if you can't tell me the forces that cause the patterns of gold price. With so much volatility in the markets as a whole right now, and the evidence and admission that indeed central banks / governments do intervene in the market (It's their job after all as managers of the fiat currency) it's not easy to grasp WHY your patterns work. Is the collective market (ignoring all the chaos going on around us) tuning in to some cosmic wavelength and causing a top -then selloff? Would like to hear some thoughts on why price patterns work (other than.....they just do). Does the government intervention just serve to increase the velocity in the direction that the pattern indicated prices would go? Thanks for putting your info out here for us to think about.

Commented 4730 days ago

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Beginning of the headline : It's taken much longer than I originally expected, but we now have confirmation that gold's D-Wave decline has begun. A D-Wave decline is a normal, regression to the mean, profit-taking event that occurs when gold gets too stretched above the mean.It is not a take down by an anti-gold cartel... Read More

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