The Finalized Trinity of Models for Gold/Silver Bullion Portfolio (Part 1)
Model No. 1 of 3: GOLD & SILVER 20-DAY AND 60-DAY QUANTILE FORECASTS Introduction: These three consecutive posts (after a long absence) is the culmination of many months of hard work resulting in a suite of 3 models for the monitoring, forecasting and risk/reward calculation of my Gold and Silver bullion portfolio. Why do we need three models? Because Gold and Silver are monetary metals that carry no yield (interest-earning capacity) but are also hedges against inflation, currency debasement and geopolitical uncertainty. Additionally, Silver is an industrial metal that is required for nearly all products of the modern economy- from EV batteries, semiconductors, solar panels, smart weapons, and indeed anything that requires electrical conductivity. Thus, we need to monitor not only the USD which is the currency that Gold and Silver are quoted in, but also bond yields, inflation and majore currencies such as USD/EUR and USD/JPY. It's my last hurrah , and my legacy (t...