Market Sense

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CK Choy.

Market Sense 市场意识: August 2020
Be decisive, Be patient, Don’t be greedy, Don't be stubborn

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The information contained in is provided to you for general information/circulation only and is not intended to nor will it create/induce the creation of any binding legal relations. The information or opinions provided do not constitute investment advice, a recommendation, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not have any regard to your specific investment objectives, financial situation and any of your particular needs. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on this information. Investments are subject to investment risks including possible loss of the principal amount invested. The value of the product and the income from them may fall as well as rise.

You should seek advice from a financial adviser regarding the suitability of the investment products mentioned, taking into account your specific investment objectives, financial situation or particular needs, before making a commitment to purchase the investment product. In the event that you choose not to obtain advice from a financial adviser, you should assess and consider whether the investment product is suitable for you before proceeding to invest.

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Note:
All TA (Technical Analysis) view using charts are for illustration purpose only.
Unless otherwise specified, all charts' sources are from POEMS(Phillip Online Electronic Mart System)

Sunday, 2 August 2020

Gold Price Estimation Using Formula of Balance Sheet and GDP

Gold Price Estimation Using Formula of Balance Sheet and GDP

Formula
Gold Price * (1+%change of balance sheet)/(1+%change of GDP)

backtest on uptrend where gold top at 1920 in year 2011. The estimation calculation using the formula is 2025: near to actual 

backtest on downtrend where gold bottom around 1100 in year 2019. The estimation calculation using the formula is 1076: near to actual 

Estimation calculation using the formula for gold price now as of 25/7/2020 using data from 
2008 to now : formula calculation is 4778 (25/7/2020)
2011 to now : formula calculation is 2777 (25/7/2020)
2018 to now : formula calculation is 2958 (25/7/2020)




Source

Posted by ckchoy77 at 09:40 0 comments
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