barrytrot wrote:...The price of silver fluctuates like the waves. ...
Only when viewed through a very narrow lens. Broaden your time view and you see then that while it oscillates, those waves are moving around a steadily increasing trendline.
Opinions Wanted: Credit Card Debt
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Re: Opinions Wanted: Credit Card Debt
by 68Camaro » Sat Feb 04, 2012 4:19 pm
Only when viewed through a very narrow lens. Broaden your time view and you see then that while it oscillates, those waves are moving around a steadily increasing trendline.
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
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68Camaro - Too Busy Posting to Hoard Anything Else
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Re: Opinions Wanted: Credit Card Debt
by barrytrot » Sat Feb 04, 2012 4:49 pm
68Camaro wrote:barrytrot wrote:...The price of silver fluctuates like the waves. ...
Only when viewed through a very narrow lens. Broaden your time view and you see then that while it oscillates, those waves are moving around a steadily increasing trendline.
I agree. I was only refuting the statement made by the person that said that as a result of comparing silver prices over a 2 month span that the dollar's purchasing power had dropped substantially.
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barrytrot - Too Busy Posting to Hoard Anything Else
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Re: Opinions Wanted: Credit Card Debt
by 68Camaro » Sat Feb 04, 2012 7:38 pm
barrytrot wrote:68Camaro wrote:barrytrot wrote:...The price of silver fluctuates like the waves. ...
Only when viewed through a very narrow lens. Broaden your time view and you see then that while it oscillates, those waves are moving around a steadily increasing trendline.
I agree. I was only refuting the statement made by the person that said that as a result of comparing silver prices over a 2 month span that the dollar's purchasing power had dropped substantially.
Roger that. It is true that (at least for the moment) one needs to be careful how much of your assets you put in silver. If you put everything in silver, then had a significant need for cash right in the middle of a downturn in silver, it would be very unfortunate...
DIversify, including gold, as well as other options.In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
-
68Camaro - Too Busy Posting to Hoard Anything Else
- Posts: 8374
- Joined: Thu Dec 30, 2010 6:12 am
- Location: Disney World
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