A tardy thanks for your cogent explanation of the French curve. Alex used to post lots of French curves on the Yamana board, the most infamous of which, also posted on JSmineset, had Yamana going from 12 to 20 in short order. Yamana, in which I am overweight, is currently climbing out of the toilet, but nowhere near that fabled $20. Alex has disappeared from the Yamana board, btw.

Comment above aside, I am wondering if we can really rely on the French curve as an analytical, predictive tool if, as we all believe, the gold market is manipulated. Those in control of the gold market can certainly paint the tape. If the curve is a reflection of exponential popular sentiment, than market manipulation should be irrelevant to long term outcomes.