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Astrology Predicts Short-Term Swings in Gold Prices

Researcher Says Simple But Elegant Astrological Formula

Can Be Economically Applied In Future Research Studies

/EINPresswire.com/ August 29, 2011 -- A software program using an astrological formula has successfully predicted short-term swings in gold prices over a time period spanning more than three decades.

Researcher David Cochrane, a PhD candidate in research methodology at the University of Florida, said the study compared gold price data with astrological alignments forming between the sun and Jupiter between January 20, 1975 and June 20, 2006.

Cochrane is a past President of the International Society for Astrological Research (ISAR) and founder of Cosmic Patterns Software Inc., developer of the software used in the study.

Because gold prices respond to rapidly changing economic conditions, there was no expectation that astrological variables would be able to predict long-term pricing trends.

Instead, the study focused on finding whether a correlation between specifically identified astrological combinations and short-term price trends for the precious metal existed.

Price data collected for the study was divided into 126 three-month periods.

The software product was used to pick out dates when gold prices peaked during these relatively short-term periods, then checked to see if the astrological alignments expected to accompany these events did in fact show up.

Statistically, the likelihood that the observed result occurred by chance was less than one in a thousand, Cochrane said.

"Investors study an enormous number of different factors to determine if commodities or stock prices will go up or down. Investors buying gold over relatively short periods of time may find the forecasts give them a better sense of how prices are likely to change when used in combination with other economic indicators.

"But the study may have even larger implications for the science side," he said.

In an interview posted on the Astrology News Service (ANS) website, Cochrane says the theoretical foundations of the research "may have unlocked a secret of the universe that can be developed and improved upon in the future."

According to Cochrane, the research was based on the concept of minor harmonic aspects studied and described by British research astrologer John Addey more than 35 years ago.

"No non-astrological variables were used and the formula was not touched up to fit the data," he said.

Cochrane believes the methodology used can be economically applied in future research studies.

"With the possibility of obtaining huge amounts of data through social networks, the availability of large economic databases and the rapid advancement of research methodology and computer technology the opportunities are almost endless," he said.

The Cochrane interview can be read at www.astrologynewsservice.com.

Additional information can be found at:

http://astrosoftware.com/goldpriceforecast.htm



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