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THE GOLD VOLATILITY MODEL: Latest UpdatesEd Breen, April 4, 2010 (© 2010)The GVM prediction shows a continued decline in the YOY Core PCE through the summer leading to an apparent leveling in the Fall of 2010. The actual published YOY Core PCE changes continue to follow the trend predicted by the GVM. Those who are waiting for emerging inflation will need to continue their anticipation with great patience and creative explanations.
EDWARD BREEN was a long-time friend and confidant of Jude Wanniski. He served as a director of Mr. Wanniski's consulting enterprise, Polyconomics, Inc. Mr. Breen is an attorney licensed to practice law in the state of New Jersey and he currently serves as an active director of a private manufacturing business. In his career, he has served as the President of a real estate development company, as the founder and director of a publicly listed regional bank and he has been involved in a number of entrepreneurial investment ventures. Mr. Breen can be reached by e-mail here. |