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To: bjs1779
But if you add 100 percent to something, is it not double?

Yes. In this example, we added 86.6% (the premium I mentioned) to the spot price of silver to get the price of the Paul dollar. Doubling would have been $30, based on a spot of $15.

173 posted on 11/16/2007 7:46:21 PM PST by Toddsterpatriot (What came first, the bad math or the goldbuggery?)
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To: Toddsterpatriot
Yes. In this example, we added 86.6% (the premium I mentioned) to the spot price of silver to get the price of the Paul dollar. Doubling would have been $30, based on a spot of $15.

I don't mean to be ignorant, but this is one of your qoutes.

"That's the same as paying 180% of the value of the oil."T.P.

The problem I have is why do you switch back and forth?

174 posted on 11/16/2007 7:59:58 PM PST by bjs1779
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