Hi Biggle’s and all.
“And the Market Cap of Apple Inc is US$607,500 million.”
Now who’s doing the Pork Pies: Apple Market Cap today is: 584.57 Billion.
Back on the 24/02/16 it had a Market Cap of: 769.86 Billion.
If it’s doing so well shouldn’t the Market Cap number be going the other way instead of falling?
https://ycharts.com/companies/AAPL/market_cap
“Back in 1918 gasoline was $0.25 a gallon and by 1932 prices had fallen to 18 cents a gallon!”
http://inflationdata.com/articles/inflation-adjusted-prices/inflation-adjusted-gasoline-prices/
On the key ring of my SS-100 I have a sliver dollar and if ever some tree hugger accuses me of owning a 4.2 Litre. Gas guzzler I politely inform them that in monetary terms my car is very economical to run almost green in fact! Back in 1918 when the silver dollar was still in circulation you could buy four gallons of gas with it, with today’s value of the one ounce silver coin I can still buy better than four gallons of gas. And that my friend neatly explains how physical Silver in this case protects ones purchasing power.
So with respect who cares about Gold and Silver well I for one do as it works for me!
Cheers and very best regards: Andy
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