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Gold Forecast For 2015 Based On A Predictive Algorithm

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Gold Forecast For 2015 Based On A Predictive Algorithm Seeking Alpha Article © I Know First 2014. All rights reserved. www.iknowfirst.com
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Gold Forecast For 2015 Based On A Predictive

Algorithm

Seeking Alpha Article

© I Know First 2014. All rights reserved.

www.iknowfirst.com

Summary

2014 will end with gold prices down, rounding out

three years of decline for the precious metal.

Why increasing demand in the east will not change

gold prices.

What banks and analysts are predicting for 2015.

I Know First’s algorithm leans towards Goldman

Sachs $1,050 price target: bearish forecast for the

short, medium, and long term time horizons.

www.iknowfirst.com

Summative Analysis

Gold is presently down nearly 3% over the past 12 months and is down 37% from its

all-time high of $1,923 in September 2011.

Most bulls on gold point to the ever increasing demand for gold in Asia, with

consumer demand expected to rise by another 50% in 2015

Goldman Sachs believes that the Ukraine-Russia crisis and economic weakness in

Europe and Japan have been supporting gold somewhat. For 2015, It has a bearish

forecast of $1,050

The range of price targets for 2015 is wide:

Capital Economics expects gold prices to settle around $1,300 for year end 2015

CIBC expects gold prices to average around $1200, same as Commerzbank

Citigroup's estimation of $1,220.

www.iknowfirst.com

I Know First 2015’s Forecast For Gold

Markets

As of December 28th, 2014 with gold prices at $1,195.53/oz the I Know

First algorithm is bearish in all three time horizonswww.iknowfirst.com

We developed an advanced algorithm

based on artificial intelligence and machine

learning that also incorporates elements of

artificial neural networks and genetic

algorithms

Dr. Lipa Roitman, a scientist with over 20

years of experience, led our R&D team to

develop and consistently enhance the

algorithm

Our live portfolio from 2013 returned 60.66%

in 12 months beating the S&P 500 by 31.27%

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A unique financial market forecasting algorithm that analyses, models and

predicts over 2,000 markets for short and long term:

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Commodities

ETF’s

Interest Rates

Currencies

World Indices

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overall trends has the key to the market

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How To Read The Prediction

Two indicators:

Signal – Predicted movement of the asset

Predictability Indicator – Historical correlation between the prediction and the

actual market movement

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