Not really. Oil price drops below $95 a barrel as euro tumbles http://www.google.com/#q=oil+price&....,cf.osb&fp=f0be62af78a32a66&biw=1280&bih=625 ‎
It's almost as if commodities go up and down due to factors that cannot be predicted -- a concept lost on gold bugs and bacardi.
well thats the other problem....you have a tug of war between inflation and deflation....as soveriegn countries threaten default its deflationary and as central banks monetize its inflationary....there will be periods where the deflation camp gets the upper hand but I am confident that in the long run inflation will steal the show!
Based on what? We haven't had significant inflation in decades. Given the Bush Recession, we're not likely to see any soon.
the concept that you lost is that the DOW has done nothing since 1999...that 12 years of stagnation.....Geeez and you worry of a lousy 200 dollar correction in gold LOL?
the US exports inflation and I am not going to type all that again...read my other posts as I mentioned it many times! And yes....there is inflation........just track the price of food and fuel....also many raw materials!!
Hardly. When the US dollar goes down - gold/silver go up. And vise versa. Just check the three since September: The dollar index started to climb just as the gold/silver prices started to fall. And the index almost always falls when the economic news is good and rises when it is bad. Economics 101. http://www.bloomberg.com/quote/DXY:IND http://goldprice.org/gold-price-history.html http://silverprice.org/silver-price-history.html
one of the reasons is because the way inflation is now determined is very different then it was a few decades ago. Using the standards of back then - apparently inflation is about 8+% by that standard. Inflation Actually Near 10% Using Older Measure http://finance.yahoo.com/news/Inflation-Actually-Near-10-cnbc-357695506.html
Oh dear, it's the move the goal post meme. Inflation is de minimus by any standard. But if you're saying that the entire conservative trickle down low tax policy is a vast failure, I agree with you.
Anybody who tracks food and fuel and raw material knows that it goes up and down. So apparently you aren't tracking it. Or rather it's pure confirmation bias: when prices go up you get all excited since it confirms your world view. When prices go down (and they do every day relating to some commodity), you ignore it. Market evangelism is a posterboy for confirmation bias.
Ahhh....no. I am saying exactly what I posted - that the actual inflation rate is much higher then the current CPI is reporting.
For the record, at the end of 1999 the DOW was 11,497.10. Today it closed at 11,823.48. In almost 11 years the DOW has increased a whopping 2%. During that time, gold has risen from about $300 to today's $1566.62. Silver has risen from about $5 to today's $28.86. Btw - IMO, the conclusion is obvious. Extensive market manipulation by various governments over the past 11 years is stagnating the US economy and forcing investors to seek other means of investments...like precious metals. Between Bush Jr. and his real estate market manipulation, Obama having orgasmic Keynesian fantasies and the Fed playing God with the economy...the American Dream is being systematically destroyed. And almost everyone seems too busy blaming each other to see it.
So all of Bush's tax cutting didn't stop inflation. Noted. I guess it's time to abandon that failed policy.
goes up and down? LOL since 2008 those items mentioned have gone up up up....sure there were small corrections here and there but only a fool ignores the trend.....remember something,.......the trend is your friend
as far as I am concerned both parties are a joke...and you guys are going to learn the hard way ho0w fiat the US dollar really is.....just because the day of reckoning did not arrive yet dont mean that it won't....but then....I am talking to a bunch of brain dead so why even bother LOL
A Nation like that is a Nation that has tolerated and aloud its government to committed war crimes via the military, and the overthrowing of democratically elected governments. The setting up of puppet dictators around the world that is initially would be friendly toward U.S interest, until they betray the reason for the CIA putting them in power.....men like Saddam and Noriega or example. Such a Nation is going to have a government that will turn on its own people and do to them what it has done to others. America is going to reap what it has sown.
you forgot the shaw of Iran and other puppets like that LOL. And all this nonsence of the middle east jelous of america's freedom and liberty? I mean are americans really that stupid? Well since they love crap like Jerry Springer and star search then I guess they are LOL
well with the patriot act and other dangerous legislation like that, people should start to wake up.....I mean......you can't watch Jerry Springer in prison
That's the problem......too many are watching junk like that to pay attention the more important things, that will have a negative effect on their rights to know what is going on. One day they are going to look up around them and see that everything has chanced.
No in fact, commodities have gone up and down since 2008, just like they have in any given period. By picking only commodities that have gone up during a particular period and then saying that those commodities always goes up boggles rationality.
nah.....the government will just keep churning out crappy programs and the average Joe six pack will be happy
uhmmm...between 1984 and 2006 the price of bread and pasta was virtually unchanged........now all of the sudden in the last 4 years the price has doubled....that is also true of corn flakes and many other food items...then there is gasoline...much higher than 5 years ago!
I must wonder if the price and value of the item has increased or is it because of the devaluation of the USD. I come to the conclusion that the USD's decline is congruent with the increase of comodities known for their price stability. When you look at US produced agreculture the cost is low and was or is controled by the government and the 3 major food manufactures in the USA. Fuel is often a unstable cycle item that fluctuates based on the profit calender of the industry to make good on shareholder investment and annual profits for themselves. And it is not regulated by the government, but those corporations regulate the government to keep the cycle stable.
