To: BfloGuy
Gold is often used as a benchmark and is much, much more accurate than the jury-rigged government inflation statistics. True that. But I wonder why there was no comparison to, say, silver or a bushel of corn. And I wonder just how meaningful a gold-Dow comparison really is.
24 posted on
12/24/2014 8:46:41 AM PST by
Leaning Right
(Why am I holding this lantern? I am looking for the next Reagan.)
To: Leaning Right
True that. But I wonder why there was no comparison to, say, silver or a bushel of corn. And I wonder just how meaningful a gold-Dow comparison really is.Silver and corn are too much affected by supply. Gold supply doesn't vary much at all from year to year.
33 posted on
01/07/2015 5:03:41 PM PST by
BfloGuy
( Even the opponents of Socialism are dominated by socialist ideas.)
To: Leaning Right
True that. But I wonder why there was no comparison to, say, silver or a bushel of corn. And I wonder just how meaningful a gold-Dow compaFor no other reason other than that silver and corn are much more influenced by supply and demand. The quantity of gold doesn't change by more than a per cent or two each year. And it's industrial use is nil.
34 posted on
01/13/2015 4:57:09 PM PST by
BfloGuy
( Even the opponents of Socialism are dominated by socialist ideas.)
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