To: bjs1779
According to your math, we underpaid 14% for that ounce of silver.According to my math, you paid spot ($15) + 86% of spot (another $13) for a total of $28.
Now if you understood division, you could see that 28/15=1.8666, that is more than 180% of the value ($15) of the silver.
Glad I could help.
164 posted on
11/16/2007 6:56:21 PM PST by
Toddsterpatriot
(What came first, the bad math or the goldbuggery?)
To: Fan of Fiat; Mase; RockinRight; expat_panama; Petronski
If you want to see goldbug math in action, start at post #144.
165 posted on
11/16/2007 6:58:13 PM PST by
Toddsterpatriot
(What came first, the bad math or the goldbuggery?)
To: Toddsterpatriot
According to my math, you paid spot ($15) + 86% of spot (another $13) for a total of $28 Could you figure out my profit on Ebay today on a Ron Paul Silver Dollar? One went for 330. One went for 399. Thanks.
166 posted on
11/16/2007 7:13:36 PM PST by
bjs1779
To: Toddsterpatriot
According to my math, you paid spot ($15) + 86% of spot (another $13) for a total of $28. But according to your math, wouldn't that be 186 percent?
168 posted on
11/16/2007 7:22:57 PM PST by
bjs1779
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