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$35+ an ounce! $50+ soon??
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<p>[QUOTE="fatima, post: 1289898, member: 22143"]This is a gotcha. 30% down isn't the same as 30% up. Example:</p><p><br /></p><ul> <li>Assume something cost $100</li> <li>If it loses 90% value then it's now worth $10</li> <li>If it then rises 90% the next day, the new value is $19. (not $100)</li> <li>For it to recover to its original value, it has to rise in price by 900%</li> </ul><p>[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1289898, member: 22143"]This is a gotcha. 30% down isn't the same as 30% up. Example: [LIST] [*]Assume something cost $100 [*]If it loses 90% value then it's now worth $10 [*]If it then rises 90% the next day, the new value is $19. (not $100) [*]For it to recover to its original value, it has to rise in price by 900% [/LIST][/QUOTE]
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$35+ an ounce! $50+ soon??
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