“Some economists, when thinking about long memory, are concerned that it undercuts the Efficient Market Hypothesis that prices fully reflect all relevant information; that the random walk is the best metaphor to describe such markets; and that you cannot beat such an unpredictable market. Well, the Efficient Market Hypothesis is no more than that, a hypothesis. Many a grand theory has died under the onslaught of real data.” Benoît B. Mandelbrot
31 December 2013
Gold Daily and Silver Weekly Charts - 2013
And it is.
The Lord bless you and keep you.
May the Lord let his face shine upon you, and be gracious to you.
And may the Lord look upon you kindly, and grant you peace.