Statistical Proof and Dating of Gold Interventions

Dimitri Speck

Chapter Chapter 6 in The Gold Cartel, 2013, pp 23-26 from Palgrave Macmillan

Abstract: Abstract Pinpointing a date that is precise to the day is made possible by a different enhancement to the approach. It preserves the straightforwardness of Clavar’s approach – that is, it does not, as in the method employed by Bolser, target the extent of the price movements. This leaves the number of days that can be statistically evaluated equal to the total number of days examined. The method therefore encompasses – depending on the availability of suitable historical data – thousands of days, and is thus entirely adequate for attaining high statistical significance. Moreover, it makes it possible to date the beginning of the gold interventions precisely to the day.

Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-28643-7_6

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DOI: 10.1057/9781137286437_6

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