Tuesday, February 7, 2012

"What is Truth?"

Yes, the age-old question that we all get a bit muddled over at times. In this age of relativism, finding truth may be all the more difficult. But that would be a discussion for another blog.

Here we want to talk about finance and statistics, those numbers based on empirical data and research. Figures obtained without bias and manipulation. Truth that we can rely and make decisions on.

Late last week, the BLS (U.S. Bureau of Labor Statistics) came up with an unemployment figure of 8.3% in the US workforce. Is this to be believed or taken seriously. Truth even?  Here is another point of view from Dave in Denver here.

Gold in New Zealand dollars: $2059.68 per oz
Previous all-time high: $2311.02 per oz (15 Nov, 2011)

Silver in New Zealand dollars: $40.30 per oz
Previous all-time high: $59.19
per oz (30 Apr, 2011)

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