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<p>[QUOTE="fiatfiasco, post: 1910196, member: 67957"]I am curious what analysis you used for this. Just some basic concepts I am curious if you factored in, or you were just trying to "shake things up" a bit in your usual slim "shady" manner":</p><p><br /></p><p>1) Silver is a finite resource, there are only "x" ounces to be pulled out of the ground</p><p>2) Silver is consumed in industry</p><p>3) You related the price of silver to "dollars" which is a fiat, base-increasing currency. By the law of economics alone, the value of dollars over time will decrease, so if supply and demand for silver stayed the same, it would still increase in "dollars" cost due to the inverse relationship.</p><p><br /></p><p>No offense, but I would stick to claiming you went to the school of "hard knocks" rather than anything with an economic foundation as it will be easier to convince people that you are "hard" rather than intelligent. You kinda need facts and things of that nature if your intent was to actually convince people you know what you are talking about. Kinda applies to life too.[/QUOTE]</p><p><br /></p>
[QUOTE="fiatfiasco, post: 1910196, member: 67957"]I am curious what analysis you used for this. Just some basic concepts I am curious if you factored in, or you were just trying to "shake things up" a bit in your usual slim "shady" manner": 1) Silver is a finite resource, there are only "x" ounces to be pulled out of the ground 2) Silver is consumed in industry 3) You related the price of silver to "dollars" which is a fiat, base-increasing currency. By the law of economics alone, the value of dollars over time will decrease, so if supply and demand for silver stayed the same, it would still increase in "dollars" cost due to the inverse relationship. No offense, but I would stick to claiming you went to the school of "hard knocks" rather than anything with an economic foundation as it will be easier to convince people that you are "hard" rather than intelligent. You kinda need facts and things of that nature if your intent was to actually convince people you know what you are talking about. Kinda applies to life too.[/QUOTE]
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