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Today Silver is $300/ounce Inflation Adjusted
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<p>[QUOTE="Kasia, post: 1289866, member: 31533"]The one big problem I see in "adjusting" the value, and stating it's now at X number of dollars an ounce, is that we are living in the present and not the past. That's like saying that bread, now (present) at 2.99 a loaf, or even higher is the same as it being 15.00 a loaf in XXXX dollars, when in that year it was, say .50 cents per loaf. It just isn't the same. IMO adjusting things for inflation only will work if the item adjusted for inflation is quite able to be extrapolated on a continuing and consistent basis, and I don't see how silver, with the past it has, can be considered that, since it is up to whims and mercurial pricing.</p><p><br /></p><p>Also, yes, if you want to post your thoughts on this, I certainly don't mind reading them, but posting lengthy snippets of other peoples thoughts is not the way to get people to think about what you are thinking. I certainly don't wish to read those through. As I said before, too many words, and disjointed ideas. Sorry.[/QUOTE]</p><p><br /></p>
[QUOTE="Kasia, post: 1289866, member: 31533"]The one big problem I see in "adjusting" the value, and stating it's now at X number of dollars an ounce, is that we are living in the present and not the past. That's like saying that bread, now (present) at 2.99 a loaf, or even higher is the same as it being 15.00 a loaf in XXXX dollars, when in that year it was, say .50 cents per loaf. It just isn't the same. IMO adjusting things for inflation only will work if the item adjusted for inflation is quite able to be extrapolated on a continuing and consistent basis, and I don't see how silver, with the past it has, can be considered that, since it is up to whims and mercurial pricing. Also, yes, if you want to post your thoughts on this, I certainly don't mind reading them, but posting lengthy snippets of other peoples thoughts is not the way to get people to think about what you are thinking. I certainly don't wish to read those through. As I said before, too many words, and disjointed ideas. Sorry.[/QUOTE]
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Today Silver is $300/ounce Inflation Adjusted
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