Re: Gold Prices This Monday Morning

On Jun 30, 10:50 am, tony cooper <tony_cooper...@xxxxxxxxxxxxx> wrote:
On Mon, 30 Jun 2008 07:43:45 -0700 (PDT), oly <oly2...@xxxxxxx> wrote:
On Jun 30, 9:01 am, tony cooper <tony_cooper...@xxxxxxxxxxxxx> wrote:
On Mon, 30 Jun 2008 06:04:12 -0700 (PDT), oly <oly2...@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

A hyperbola is a kind of a curve and hyperbolic would refer to the
shape of the curve - in this instance, MOL straight up.

Many people (not myself) chart market prices over time on graph paper
and follow said lines and curves.

So I guess the answer is that you need to dig a bit deeper in your
dictionary.

I'm familiar with that meaning and usage.  It did not fit in the
context, though.  If that's what you had in mind, it does answer my
question.

--
Tony Cooper - Orlando, Florida- Hide quoted text -

- Show quoted text -

Well, look at one of those TA price charts. The charts provide the
straight lines; the curve can go almost vertically (but NOT forever).

oly
.

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