Pi Approximation Day 2022: Regardless of the size of the circle, the ratio is always equal to Pi, which is fractionally represented as 22/7 or 3.14 in the decimal form.
The View from England: Gold supported by the divine proportion
A gold pour at Barrick s Pueblo Viejo joint venture in the Dominican Republic. Credit: Barrick Gold.
What a Leap Year it has been! Quite apart from Brexit in Europe, a chaotic Presidential election in the United States and Covid-19 everywhere, we have uncertainty over the price direction of gold as this horrid year draws to a close.
I am neither a chartist nor a particular exponent of gold, but I can’t see any concern about the precious metal’s price direction at least not yet. The reason has much to do with a long dead Italian mathematician.