2012-12-22 — usfunds.com
``Based on the last 10 years of data, gold seems to be approaching an oversold position after this latest correction. In standard deviation terms, the percentage change in year-over-year rolling returns, gold has made a downward move of 1.2 standard deviations. An event like this only happens about 10 percent of the time, with high odds favoring a reversion to the mean.'' -- Lots of good global data in this, not just gold.
Comments: Be the first to add a comment