[bjs1779]

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?

[Toddsterpatriot]

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

180% of the value (spot price) is the same as the spot price plus an 80% premium.

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

Most people understand that both statements mean the same thing (that you overpaid).