I believe that some of the sources here are part of the group that says that the gold market is rigged. Doug has interviewed some of those people, but I never heard the interview. Still, I confess, that the though to a crippled J.P. Morgan does give me some shadenfreude or maybe even freude.
On Fri, Dec 21, 2001 at 04:32:49PM -0800, Devine, James wrote: > > Michael Perelman quoted M*** J****: > > >The highly regarded Jim Bianco of Bianco > >Research in Barrington, Illinois > > saith D*** H******: > Highly regarded by bears of generally right-wing persuasion. I once > got a spreadsheet from him in which he did a correlation on two time > series - their levels, not their rates of change. He got a > correlation coefficient over .9, which isn't surprising. Even I, > whose econometric knowledge consists mainly of having read Peter > Kennedy's book, know that's not kosher. > > hey, I once got an R-squared of 1 and an F-stat of infinity! it was > econometric nirvana. > J** D***** > -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail [EMAIL PROTECTED]
