Better than a 10 year silver chart

Discussion in 'Silver' started by SilverAteMyMonies, Apr 13, 2013.

  1. SilverAteMyMonies

    SilverAteMyMonies New Member

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    This is easier to get my head around than any number of charts and graphs. The same amount of fiat would have purchased the left today (minus the really high % premium for such a small piece) and the right 10 years ago.

    I needed something to make me feel better about the the recent drops since all my purchases starting this year =(

    [​IMG]
     
    SilverAteMyMonies, Apr 13, 2013
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  2. Altima

    Altima Well-Known Member Silver Stacker

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    Yeah that's one way of looking at it.

    I don't really care for prices apart from when its at a bargain.

    Cos I believe you can't compare PMs in terms of fiat which is constantly being printed. So it's not a good comparison I feel.
     
    Altima, Apr 13, 2013
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  3. SilverAteMyMonies

    SilverAteMyMonies New Member

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    well you do to an extent. how else do you determine "bargain"?
     
    SilverAteMyMonies, Apr 13, 2013
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  4. DanielM

    DanielM Active Member Silver Stacker

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    Well seeing as you get paid in fiat for working, fiat determines how much pm you get for working
     
    DanielM, Apr 13, 2013
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  5. pug

    pug Member

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    pug, Apr 13, 2013
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