War and gold, Hooke
reading The Art of War, i came across the 19th-century view that one climactic engagement was the key compared to the modern view that indirection is the key. it leads me to a test of gold.
gold up 63 on friday, only happened 5 times since 1996, highest was 3-24-2020 when up $109 big to an adjusted $1897. strangely close to friday's close of $1945. friday was a unique day with crude up $6 and dax down $2 to a 6-month low of 15250.
last 7 times gold up more than $50 in a day. sp 2 days later:
03-17-23 +89
11-04-22 +53
03-08-22 +102
04-09-20 +63
04-06-20 +93
03-24-20 +174
03-23-20 +243
mean: 116.7
sd: 68
mean 2 days later: 116.7
mean 5 days later: 161.7
sd: 107.2
prob of rise 5 days later: 100%
thus we see that friday's $64 rise in gold was a startling attack that set up total annihilation of enemy in the past for S&P.
reading bio of Robert Hooke - inventor of Hooke's Law and sec and curator of the Royal Society from 1625 to 1700. claimed he invented inverse square law of gravitation. gifted architect partner of Christopher Wren and very good friend of Robert Boyle (in honor of Patrick Boyle).
Hooke was very good lifetime friend of Robert Boyle, ancestor of my good friend and talented raconteur Patrick Boyle.