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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 383.15+0.8%4:00 PM EST
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To: Cogito Ergo Sum who wrote (33304)4/17/2008 8:23:24 PM
From: Ilaine  Read Replies (1) of 218038
 
Not exactly a conundrum. It's an economic law, perhaps best stated by economists David Hume and David Ricardo as "price-specie flow mechanism."

When I speak of economic laws, I am not speaking of something abstruse like natural law, but of simple mathematics.

Mq may object that I am innumerate and thus don't really understand math at all, but this is something so simple a child could grasp it. To me, it's like water seeking its own level.

Adults, on the other hand, while they can grasp it, prefer to believe otherwise.
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