To: SeekAndFind
What the story failed to note is that the value of the Dow — that is, its worth in ounces of gold — is nowhere near a record. That's a perfect example of how you can cherry-pick statistics to reach any conclusion that you want.
I suppose that if gold were not so high, the author would have replaced "ounces of gold" with "barrels of oil", or some such thing.
9 posted on
12/24/2014 7:51:31 AM PST by
Leaning Right
(Why am I holding this lantern? I am looking for the next Reagan.)
To: Leaning Right
I suppose that if gold were not so high, the author would have replaced "ounces of gold" with "barrels of oil", or some such thing. It's a perfectly valid comparison.
Gold is often used as a benchmark and is much, much more accurate than the jury-rigged government inflation statistics. Oil wouldn't make a good comparison as its price is so affected by supply -- as we're seeing now.
15 posted on
12/24/2014 8:08:26 AM PST by
BfloGuy
( Even the opponents of Socialism are dominated by socialist ideas.)
To: Leaning Right
Bingo! I noticed that too. Why not valued in silver, or board feet of lumber? Because that isn’t what they’re hyping today?
19 posted on
12/24/2014 8:21:04 AM PST by
Beagle8U
(If illegal aliens are undocumented immigrants, then shoplifters are undocumented customers.)
To: Leaning Right
gold is not high, tiz down.
22 posted on
12/24/2014 8:43:06 AM PST by
American in Israel
(A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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