Inflation

[txswinner]

Dollar vs gold has dropped with gold over $600/oz. Housing prices are escalating are record levels. Wealth at least for us with lots of money is getting better.<br /><br />How can this not be inflation.

 

[bootle]

Re: Inflation

The value of the dollar is likely to decrease further, China has started to mumble about owning too much of our debt and are starting a process to diversify their investments.<br />one only needs to look at their capital investments into Latin America.<br /> http://news.bbc.co.uk/2/hi/americas/4872522.stm

 

[kenimpzoom]

Re: Inflation

Gold is a commodity that bases it's value on supply and demand, just like oil.<br /><br />Housing prices are very similar to a commodity.<br /><br />The only good measure of inflation is interest rates.<br /><br />Ken

 

[Gone]

Re: Inflation

I have not looked at the price of gold today but a couple of days ago I heard a gold market expert say that when it does hit $600 that there would be a correction in the market. There are many NEW younger players that are driving the rise unrealistically (inflation). After the correction the price should stabilize and rise to maybe $800...long term.<br />IOW, don't buy till after the correction.

 

[bootle]

Re: Inflation

Consumer prices have not increased drastically due to the high influx of cheap Asian imports, on the back end the trade deficit soars higher.<br />A steady devaluating dollar is begining make US treasury bonds unattractive to foreign capital investments, i hope that this trend does not continue, a collapsed currency is the something this country simply cannot afford.

 

[bootle]

Re: Inflation

The last time i looked the price of Gold was at 603.<br /><br />The Feds have already raised interest rates at least three times in the first quarter of this year, each time it was said to be a correction.

 

[txswinner]

Re: Inflation

It appears that our great economy is based on moderate interest rates creeping up and the fact cost of housing is rising.<br /><br />I seem to recall in Macro-Economics that the major factor in evaluating inflation or depression was value of the dollar in the market and at the present time buying power seems to be deminishing at a rate greater than increase in the average income of the media consumer.<br /><br />It is the old statitical trick of comparing rates against change of rate or for some apples and oranges. Oh well, just my thoughts.<br /><br />W in '08.

 

[kenimpzoom]

Re: Inflation

FYI, you are contradicting yourself if you want inflation. Inflation indicates a growing economy.<br /><br />Only Jimmy Carter could create inflation and depression at the same time. STAGFLATION!!!!!<br /><br />Ken

 

[kenimpzoom]

Re: Inflation

Good info, I might be on to something.<br /><br />://en.wikipedia.org/wiki/Stagflation

 

[txswinner]

Re: Inflation

Thanks you can always be depended on to say nothing of value.

 

[treedancer]

Re: Inflation

Perception+panic+mistrust=inflation ( in any order you like)

 

[12Footer]

Re: Inflation

I am pulling you trollers over for BS-peeding.<br />Let me see your 'BS' licsense, software registration, and jor green card.<br />I guess if you dont have anything bad to say about the ecomomy, you "make it up as you go along", huh?<br /><br />SAD, that you only get your news from sources that SUPRESS good news.while bombarding you with BS 24/7!!!<br /><br /><br />Here is the real story pertaining to our economy. Click them and weep!!!<br /><br />US consumer confidence reaches an all-time high!!<br /><br />Newsbusters<br /><br />Reuters...You remember them, don't you?<br /><br />His "polliness" at World news daily<br /><br />Where's my "giant suckin sound'? I was promissed a giant sucking sound!<br /><br />The Washington Post Has your number.<br /><br />And let me ask, from a Christian,patriotic,neo-conservative, reaganite,Bush-ite, constiututionalist to a -- "non-conservative", or whatever your definition of the day is:<br /><br />What political demographic consists largely of the 'wealthy' , or 'non-poor' voting people?<br /><br />Good.<br /><br />Now, who do you listen to regarding your economic data?<br />Thought so (as if Russert would have a clue).<br /><br />Have a nice troll.

 

[12Footer]

Re: Inflation

Originally posted by KenImpZoom:<br /> FYI, you are contradicting yourself if you want inflation. Inflation indicates a growing economy.<br /><br />Only Jimmy Carter could create inflation and depression at the same time. STAGFLATION!!!!!<br /><br />Ken

DITTO, Ken!

 

[roscoe]

Re: Inflation

Anyone remember the gold prices of the 70's and early 80's.<br /><br />What goes up. WILL come down.

 

[dogsdad]

Re: Inflation

 

[12Footer]

Re: Inflation

Latest "bad news" from reuters -- LOL --

 

[12Footer]

Re: Inflation

Marketwatch is still positive too. sorry<br /><br /><br />Not