oooooo --- that's a very good entry!! I see Viking Coder has taken the "not glamorous [eg no 3D graphics] but incisive" approach!! The question must be asked --- from which of the three entries have we learned most about the issue posed?? I am leaning towards Viking's text entry!!! >Using current exchange rates, the other three metals have a little less >than one eighth the total USD equivalent circulation value. Silver has a >5.5% circulation share. Platinum has 2.3% circulation share. Palladium has >a 3.7% circulation share; this is mainly due to it's dramatic rise in USD >value recently because it has the smallest physical share. > >The average funded balance, in USD value, of the other three metals is >much greater than gold's avg. funded balance. The metal with the highest >avg. funded balance is, unsurprisngly, Palladium; this is again mainly due >to it's dramatic rise in USD value. Palladium currently has a avg. funded >balance over 200% greater than gold does. Silver and Platinum are grouped >closely at 57.4% and 47.4%, respectively. > >The other three metals have a much longer turnover period which is the >amount of time neccesary to spend the entire amount held in circulation. >Silver has the longest turnover period; currently taking ~10-11 months. >Next is Platinum, with a period of ~3-4 months. Palladium has the quickest >period of the three; currently taking ~2-3 months. All of these are very >long when compared with gold's period of ~9 days. > >These facts lead to the conclusion that the other three metals are used >mainly for investment, while gold is the chief commerce metal. > >Viking Coder > >--- >You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] >To unsubscribe send a blank email to [EMAIL PROTECTED] --- You are currently subscribed to e-gold-list as: [email protected] To unsubscribe send a blank email to [EMAIL PROTECTED]
