gold roaring -keep goblin turkeys -wrong again!!, page-7

  1. 4,941 Posts.
    lightbulb Created with Sketch. 147
    Tiger,

    To your observation that I quotes "reams and reams and more reams of meaningless statistics each and every item of which can easily be countered with more reams and reams of statistical nonsense", I can only say this:
    1)
    emotive reactions are the best way of countering a structured argument when you cannot knock it down any other way;
    2)
    you are quoting the same statistical aberrations (ie: P/e ratios) which are meaningless except for broad comparative purposes (businesses don't do use them when assessing acquisition prospects, accountants don't use them when advising their clients on buying a new business, and most business commentators out there do not use them - analysts and market watchers use them to make points of comparison on stock market tables easier to comprehend; and
    3)
    your arguments concerning deflation are formed on what particular basis - because you can buy a cheaper VCR today, vs yesterday, or because your general cost of living today is lower than what it was yesterday?

    As for my background, you know what I have invested in, and in broad terms, you know what my relative well-being is.

    I do, however, look forward to your technical or fundamental analysis as to why gold will short above $400. For now, however, its time to get on with the day.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.