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Jim lays out a case that gold is tightly correlated with central bank balance sheets.
Then uses a trend line to suggest the fair price of gold at this moment is $1900.
After reading the article again, it would have been better had the regression been done over a longer time frame. 2001?
Jim lays out a case that gold is tightly correlated with central bank balance sheets.
Then uses a trend line to suggest the fair price of gold at this moment is $1900.
After reading the article again, it would have been better had the regression been done over a longer time frame. 2001?
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