$1,450.00 +++
pmcollectour
Posts: 1,211 ✭
Just another minor bump, in the long and winding road.
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pmcollectour
Posts: 1,211 ✭
Comments
chart looks like a hockey stick. I always hear that's a bad thing in the long run.
Too many positive BST transactions with too many members to list.
<< <i>chart looks like a hockey stick. I always hear that's a bad thing in the long run.
Lol. Yes. I'd hate to get slapped in the face with one.
<< <i>chart looks like a hockey stick. I always hear that's a bad thing in the long run.
That's only if you compress the time scale. Any chart can look like a hockey stick if time compressed.
Spread that gold chart over 10 yrs in a wide format and it will look a lot less intimidating.
Here's a 6 yr gold chart and it looks like a simple straight line with a moderate slope. Non-log scale too.
No real signs of accelerating yet like silver has. But until 6 months ago the silver chart was basically flat
lined as well. Pull out the volatile year of 2008 from the gold chart and you have a pretty darn straight line.
Gold chart
Silver chart
But about time someone noted that gold had made a new ATH while silver only made a "minor" intermediate high.....
roadrunner
Ahh, it's all about perspective.
Too many positive BST transactions with too many members to list.
<< <i>Ahh, it's all about perspective. >>
How true...if the price of PM's is going up, the paid knowledgeable gurus refer to the long term chart as reference...When it drops, they refer to the Short term as a reference? It's called job security ... almost as safe as weather forecasting.
<< <i>The gold bubble
It's not growing as fast as the national debt bubble.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire