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

On Sat, 20 Apr 2024 02:04:14 +0100, He Who Sees All  
<[email protected]> wrote:

> 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.

### - could only ask it about probabilities & likelihoods etc based on  
current information, it basically got it right coz it's all only common  
sense/knowledge anyway...






> 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...

### - yes gold price is secondary, it's clearly not the 'causal agent'  
it's only a symptom of something else happening, a bit like a thermometer  
indicating a rise in temperature from some infection (iow: our little  
frankie's running a fever heh, the poor boy...)

or perhaps he just hasn't been takin' his meds haha, and is starting to  
wobble a bit

either way, the normal 'system' isn't working too well when ya see traders  
heading for the haven of gold till the storm passes, there being many  
things that sends them scrambling, immanent war being one of them... what  
we're told via the news/media about war is often ambiguous, however, but  
there's nada ambiguous about the way those traders act whenever their  
money's under threat hah! they move it! :)







> 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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