Technical analysis is powerful because charts are a reflection of emotions, and the gold trade has become crowded with irrational retail investors who buy into the hype at exactly the wrong time.
At the same time, the industries that the technical tax process has spawned are now very powerful, with significant lobbying and communication ability.
Other officials told the panel they were working to solve technical challenges with the new system, including a slim possibility that powerful energy waves created during a launch could injure astronauts or make it impossible for them to perform basic tasks.