OT to Mike,
Now Mike, just because someone corrects your incorrect assumptions and falsely held beliefs by providing facts, that's no justification for name calling.
... which by the way is a violation of SI's terms of use and worth a 3 day suspension according to the note from SI ADMIN.
So Gold is up 16% from its lows. It still is less than 35% of its high. That isn't inflation. The same is true of oil. Why not compare it with the $40 high rather than the near term low? When one distorts facts to attempt to prove a point, it only detracts from that individual's credibility.
If I were FDX or UAL, yes oil prices would be inflationary. But they aren't in the overall economy. And that's the simple, plain truth. Even if it differs from your firmly held belief.
So if disagreeing with nonsense posted here, makes me "arrogant", a dude that should "lighten up, a preacher whose home is an ivory tower or whatever other derogatory term you can type, so be it.
But don't expect me to read false or misleading statements and then just accept them as the truth.
And finally, Mike, you get as many last words as you wish.
Unless my memory fails me, I probably just ignore everything you have to say going forward.
FWIW,
Ian. |
