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Re: GOLD AND SILVER, ECONOMIC NEWS, COINS, 2009 forward
Of course you have huge tv advertising fees and you have field people gathering and packaging the stuff for the smelters and then you have the smelting and assay and then you have the selling fees and the list of expenses is probably pretty long so getting 60% of spot or what ever they use is probably not such a bad deal… -
Re: GOLD AND SILVER, ECONOMIC NEWS, COINS, 2009 forward
Real wages fell and unemployment rose from the early 70's throughout the decade all the while inflation was present. Because of an influx of baby boomers just finishing college or high school combined with supply side shocks due to the oil embargo. The great depression saw inflation (1933-1937) as soon as the govt decided… -
Re: GOLD AND SILVER, ECONOMIC NEWS, COINS, 2009 forward
A late night trip to the local A&P to buy some junk food - a multi-faceted economic short story Introduction: For some reason tonight while watching the end of the Kentucky - West Virginia game I got the urge for some brownies and ice cream. Considering that I've avoided the local A&P for over a year without raiding the… -
Re: GOLD AND SILVER, ECONOMIC NEWS, COINS, 2009 forward
Wow. $6 a day for 12 hours work. Are you sure? Was this a field trip or a business trip? If it was a business trip I would strongly suggest switching factories because that ain’t right and it sounds like exploitation. I've been in literally hundreds and hundreds of factories in China the past twenty seven years. What you…
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