MarketWatch/Mark Hulbert/4-9-2022
“All of us, whether when we’re investing or engaged in any other activity, have great difficulty truly contemplating randomness. We find patterns in random data even when we receive specific training on how to differentiate what is random and what is not.”
USAGOLD note: Hulbert writes an instructive short commentary on the human propensity to force the randomness in markets into something seemingly more predictable, i.e., to “discover a pattern,” as Hulbert puts it, “where none exists.” In our estimation, the understanding that markets and the economy as a whole is foundational to the rationale for gold and silver ownership.
