Re: Gold Prices This Monday Morning



On Mon, 30 Jun 2008 06:04:12 -0700 (PDT), oly <oly2059@xxxxxxx> wrote:

The price of oil has gone hyperbolic, like gold did at the end of
1979. Sooner or later you have to think a lot of the froth will come
off, somehow.

This is not a "spelling flame" post, but a question based on an
interest in words and word usage. (I spend most of my online time in
newsgroups centering around word usage)

How is the price of oil or gold "hyperbolic"? Hyperbole is
exaggeration. A statement that is "hyperbolic" is a statement that
intentionally overstates some aspect.

Oil and gold prices are actual figures. However high the prices go,
the prices are the actual figures. There is no exaggeration in
stating what those prices are.

Why did you choose "hyperbolic" there?


--
Tony Cooper - Orlando, Florida
.



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