swampwater what religion is Soros? thats all you need to know about economics.
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you need to review intrinsic value... 1700 per ounce is not an intrinsic value, even a real intrinsic value... lol
I love how your the majority of your response is a put down...
I guess I didn't realizde you were a layman. Swampy
inflation
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noun
1. an inflating or being inflated
2. ☆
1. an increase in the amount of money and credit in relation to the supply of goods and services
inflation, n.
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Pronunciation: /ɪnˈfleɪʃən/
Etymology: < Latin inflātiōn-em , n. of action < inflāre to inflate adj.Compare obsolete French (
6. Great or undue expansion or enlargement; increase beyond proper limits; esp. of prices, the issue of paper money, etc. spec. An undue increase in the quantity of money in relation to the goods available for purchase; (in lay use) an inordinate rise in prices.
That is the definition of inflation... You just like to think that the definition of inflation needs to have a cause in there, but you don't. Inflation IS an increase in price. How else would you know if there was inflation? lol
since the price of gold is around 1700.00 per ounce whatwould you say is the intrinsic value?.
What Does Inflation Mean?
The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling. Central banks attempt to stop severe inflation, along with severe deflation, in an attempt to keep the excessive growth of prices to a minimum.
Read more: http://www.investopedia.com/terms/i/inflation.asp#ixzz1f4dMQSK1
in·fla·tion
[in-fley-shuhn] Show IPA
noun
1.
Economics . a persistent, substantial rise in the general level of prices related to an increase in the volume of money and resulting in the loss of value of currency ( opposed to deflation).
2.
the act of inflating.
3.
the state of being inflated.
What Does Intrinsic Value Mean?
1. The actual value of a company or an asset based on an underlying perception of its true value including all aspects of the business, in terms of both tangible and intangible factors. This value may or may not be the same as the current market value. Value investors use a variety of analytical techniques in order to estimate the intrinsic value of securities in hopes of finding investments where the true value of the investment exceeds its current market value.
Read more: http://www.investopedia.com/terms/i/intrinsicvalue.asp#ixzz1f4epUMXe
Expanded Definition
Value investors compare a company's intrinsic value to its market value to calculate a margin of safety.
Over the years, there have been many definitions of intrinsic value. John Burr Williams, author of The Theory of Investment Value, defined it as the present value of future cash flows. Benjamin Graham defined it as "that value which is justified by the facts". Warren Buffett has tended to use Williams's definition. John Maynard Keynes looked at intrinsic value as the prospective yield or return on investment.
A perhaps less scholarly answer is simply to say that intrinsic value is the fair, or true, value of a stock. The most common ways to estimate intrinsic values are by using discounted cash flow analysis or relying on a multiple such as the P/E ratio, though asset-based valuations are commonly used for commodity producing firms or holding companies. Value investors believe that market prices trend along with a stock's intrinsic value over time.
Value investors strive to purchase assets trading for less than their intrinsic value, which affords them a margin of safety. The bigger the discount to intrinsic value (or, put another way, the larger the margin of safety), the more attractive the purchase price.
Is Gingrich any better than Cain? Im not sure.. What do you guys think.
Doesn't matter now...Cain dropped out like a wuss.
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holy smokes i didnt know you fellas had come back over here! looks just like old times, ergo, ruffy still the ubiquitous know it all that knows nothing!!!
nice returning salvo huh!?!?!?!
I want a guy who did lots of drugs in his past drinks likes whiskey on the rocks and misses church sometimes and just come up front and say yeah I am and a$$-hole but I can lead this counrty with a back bone and make my own decissions.
The US system spends too much of its time electioneering and too little time actually doing things. Elect them and then tell them to do their jobs until 1 month before the next election - then they can start campaigning. It's like watching a freaking circus sideshow. I wouldn't vote for any of these clowns either, except maybe Ron Paul, and he hasn't got a chance because he's not 'dynamic' enough. Whatever the hell that means.
Sad to see such a great country floundering.
AMEN! I can't tell you how screwed up the system is because leaders need to be popular to get back in. When in fact the leaders some times gotta do what isn't popular because its best for the country.
I like Ron paul because you will NEVER see him adjust his views to the likings of different crowds of people