Gold Prices as a Mechanism of Control and Equilibrium in Financial Markets
AbstractGold is used as a currencies comparative measure and, because of its properties (it does not rust) and use (in space industry, for example), it has a significant role in balancing both financial markets and economies. During crises, gold seldom loses value. We aim to show that price of gold is a stabilizing factor for the economic balance. We will do so utilizing the chaos theory, which gains more and more popularity in social sciences
|Journal series||Management Studies, ISSN 2328-2185|
|Publication size in sheets||0.7|
|Keywords in English||gold price, equilibrium, fractal market hypothesis (FMH), attractor, fractals|
|Score||= 5.0, 04-05-2020, ArticleFromJournal|
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