Gold slips as silver hits 31 year peak

Discussion in 'Silver' started by goldpelican, Feb 22, 2011.

  1. goldpelican

    goldpelican Administrator Staff Member

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    Gold slips as silver hits 31 year peak

    Wow, all on The Age.
     
    goldpelican, Feb 22, 2011
    #1
  2. Peekay

    Peekay Member

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    Unbelievable (Being on The Age)
     
    Peekay, Feb 22, 2011
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  3. Stedlar

    Stedlar Active Member

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    They just don't get it. It's not going up because people think everything is going to be OK!!!!!
     
    Stedlar, Feb 22, 2011
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  4. Blame_Game

    Blame_Game New Member

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    I still think its odd that nominal prices are used to compare the 'highest' prices for something valued 30 years ago. It seems to have no context unless real values are compared.
     
    Blame_Game, Feb 22, 2011
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  5. Nub Cannon

    Nub Cannon New Member

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    Yeah because isn't $34 in 1980 = to $60+ in 2011 ? I always find it silly when they compare prices in the past to current day prices and they forget to take inflation into account.
     
    Nub Cannon, Feb 22, 2011
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