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 Replies: 24 / Views: 4,119 |
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Pillar of the Community
United States
4008 Posts |
Quote:
After all, Burl Ives used to sing, "Silver and Gold... ," not, "Silver, Gold, and Platinum." LOL! Are there more than 5 of us on this site who even know who Burl Ives was?  |
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Pillar of the Community
United States
3670 Posts |
Most tell me I am a fountain of worthless information, and I have never heard of Burt Ives  to second that 5 guy theory, lol.... He may have worked Plat, pald, and rhodium into the song, if he had seen the charts for all three over the last five years.... Edited by Silverhawk74
05/16/2011 12:47 am
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Pillar of the Community
United States
1450 Posts |
I remember Burl Ives. For you young'ins,he is the voice of the snowman that narrates the "Rudolph the Red-nosed Reindeer" show they show about a dozen times each Christmas season.He had a very distinctive voice!
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Pillar of the Community
United States
3670 Posts |
O.K. Hock, that is a memorable voice....
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Valued Member
Poland
114 Posts |
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Like everything else, the market prices are a reflection of current supply and demand, and even then do not reflect the 'true' prices of those metals, whatever those may be. Even the experts cannot tell you that, nor I suspect, are they particularly bothered. In fact it is logically impossible to introduce any price that is "more true" than the free market one (provided that the market is really free). |
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Pillar of the Community
United States
4008 Posts |
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In fact it is logically impossible to introduce any price that is "more true" than the free market one (provided that the market is really free). - Murazor And that's a fact, folks. As my Dad was fond of saying, "Something is worth what you can get for it". What he didn't add but I will is, "... and not a penny more!". Market manipulation is an old old game that is still being played in spite of the rules against it. Of course, those rules tend to be more or less rigorously enforced depending on who is doing it.  |
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Rest in Peace
 United States
9104 Posts |
Which is why gubmint mandated prices always fail. There's either too much because people are producing to sell at too high a price (most price-supported foodstuffs) or shortages which are met by the black market at higher prices than "legal".
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Pillar of the Community
United States
4008 Posts |
An interesting point, Fred. Fact is, I have been looking for one single case wherein government interference in the free market EVER produced a benefit of ANY kind. Still looking but it appears to be a fools errand. Not that abject failure on their part dissuades them from continuing with it.  |
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Valued Member
Poland
114 Posts |
More on that topic: Murray N. Rothbard: "Man, Economy and State" and "Power and Market".
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Replies: 24 / Views: 4,119 |
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Posted 05/16/2011 12:46 am
