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<p>[QUOTE="-jeffB, post: 4083185, member: 27832"]It seems like you've completely ignored my second paragraph. If you claim that gold doesn't fluctuate, you're saying that <i>every other common good</i> dropped drastically in price during 2011, then they all rose in synchrony over the next several years, and now they're all getting cheaper again.</p><p><br /></p><p>Better yet, look at your minimum wage argument. From July 2009 (when the Federal minimum wage was last raised, to $7.25/hr) to July 2011, the minimum wage <b>dropped</b> from 0.435 troy ounces of silver per hour to less than 0.16 troy ounces per hour. Does that mean workers could afford only one-third of their former gasoline, or bread, or housing? <b>OF COURSE NOT.</b> Those items did not spike in price, and the dollar did not plunge in price; <b>silver spiked</b>.</p><p><br /></p><p>You're cherry-picking years to claim that silver and gold never change in <i>value</i> (how much of other things they'll purchase). Allow yourself to look at other years, and you'll see that that's ridiculous -- unless you've simply <i>decided</i> that gold and silver are immutable yardsticks. And in that case, you've mastered the art of doublethink, because <i>the ratio between the two</i> changes constantly.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 4083185, member: 27832"]It seems like you've completely ignored my second paragraph. If you claim that gold doesn't fluctuate, you're saying that [I]every other common good[/I] dropped drastically in price during 2011, then they all rose in synchrony over the next several years, and now they're all getting cheaper again. Better yet, look at your minimum wage argument. From July 2009 (when the Federal minimum wage was last raised, to $7.25/hr) to July 2011, the minimum wage [B]dropped[/B] from 0.435 troy ounces of silver per hour to less than 0.16 troy ounces per hour. Does that mean workers could afford only one-third of their former gasoline, or bread, or housing? [B]OF COURSE NOT.[/B] Those items did not spike in price, and the dollar did not plunge in price; [B]silver spiked[/B]. You're cherry-picking years to claim that silver and gold never change in [I]value[/I] (how much of other things they'll purchase). Allow yourself to look at other years, and you'll see that that's ridiculous -- unless you've simply [I]decided[/I] that gold and silver are immutable yardsticks. And in that case, you've mastered the art of doublethink, because [I]the ratio between the two[/I] changes constantly.[/QUOTE]
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