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This guy doesn't like precious metals.
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<p>[QUOTE="Troodon, post: 1635973, member: 4626"]The problem with your counter-example is that it only works if stocks are manipulated by the government. Governments can certainly take actions that influence stocks but assuming the stocks in question are traded in a free market, governments can't (or at least don't) manipulate them directly. Therefore, your refutation failed. I didn't fail to answer your question; I gave you very a very detailed answer why precious metals are different than stocks. You may as well argue there's no difference between shoes and socks because both are articles of clothing you wear on your feet. The fact they share similarities does not make them the same.</p><p><br /></p><p>P.S. Since you brought up your education, it's fair game to mention that I'm an accounting major. We probably took very similar classes. I'm pretty sure we were both required to take macroeconomics. You may want to pull out your economics book and give it another read.[/QUOTE]</p><p><br /></p>
[QUOTE="Troodon, post: 1635973, member: 4626"]The problem with your counter-example is that it only works if stocks are manipulated by the government. Governments can certainly take actions that influence stocks but assuming the stocks in question are traded in a free market, governments can't (or at least don't) manipulate them directly. Therefore, your refutation failed. I didn't fail to answer your question; I gave you very a very detailed answer why precious metals are different than stocks. You may as well argue there's no difference between shoes and socks because both are articles of clothing you wear on your feet. The fact they share similarities does not make them the same. P.S. Since you brought up your education, it's fair game to mention that I'm an accounting major. We probably took very similar classes. I'm pretty sure we were both required to take macroeconomics. You may want to pull out your economics book and give it another read.[/QUOTE]
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