Re: ChatGPT predicts Gold price in case of an Israel-Iran war

So how about ChatGPT makes a far more useful prediction - will there,
or will there not, be an Israel:Iran war!!

Nope.  

Because the useless patched together algorithm can't factor all of the
variables in a utilitarian way.

Gold price is secondary to whether or not there will be a war.  The
question is the latter, not the former.

Find more relevant, better material to post pal...




On Wed, 17 Apr 2024 13:20:15 +0100, slider <[email protected]>
wrote:

>If Iran’s attack on April 13 was merely the beginning of a broader  
>regional or global conflict, ChatGPT speculated on a potential gold price  
>and provided its rationale.
>
>Gold serves as a safe-haven asset during periods of geopolitical  
>instability, and investors seek it for stability and protection against  
>uncertainty, geopolitical risks, and currency fluctuations.
>
>https://finbold.com/we-asked-chatgpt-what-will-be-gold-price-if-an-israel-iran-war-occurs/
>
>"During conflicts, disruptions in supply may arise, especially if key  
>gold-producing regions are affected, or transportation routes are  
>disrupted. Furthermore, heightened demand for gold as a haven can increase  
>prices.
>
>Market sentiment heavily influences gold prices during geopolitical  
>tension, with fear, uncertainty, and risk aversion driving up demand for  
>gold.
>
>Considering these factors, ChatGPT indicates that ‘given the current price  
>of gold at $2,390.06 per ounce, a hypothetical price target in the event  
>of a full-blown war could be in the range of $2,800 to $3,200 per ounce."
>
>### - gold actually touched $2,435 prior to iran's retaliation for killing  
>their top general & staff in their consulate in Damascus, iow: a sudden  
>steep rush to gold that was not 'that' far-off the $2,500 mark that more  
>likely than not heralds major war...
>
>a figure that today with inflation should perhaps be more like $2,700 or  
>thereabouts
>
>gold this morning coupled with concerns for israel hitting back,  
>accordingly being $2,390
>
>iow: our poor little Frankenstein Society/civilisation (frankie!) is  
>currently running a fever/busting a sweat? and his meds don't seem to be  
>working!? (aww he gots covid)
>
>Ode To A Passing Monster. (heh)
>
>Oh Frankie, oh monster that we made
>Our hands are torn and bleeding
> From all the work you made us do
>While we were only sleeping
>
>You never made for easy life
>And oil was your undoing
>The pressures were exceeding great
>The leaks were ever growing
>
>And when in time you clanked your last
>And fell you down to earth
>We thought at least for one last great blast...
>But pfffft was all we heard!
>
>Ah monster-monster shining bright
>By mortal minds all carved
>Go 'gently' now into that night
>'ere mankind gasps its last.
>
>;)

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