Just finished a great article on how Gold has really been a great hedge for inflation. When measured against the governments CPI numbers for the last 40 years, Gold has outperformed CPI by a factor of SIX.
Read the whole article in the next issue of Futures Truth magazine.
Showing posts with label inflation. Show all posts
Showing posts with label inflation. Show all posts
Wednesday, October 6, 2010
Thursday, August 12, 2010
Gimme Shelter
Some people say they don't see inflation.
From Daily Reckoning at http://dailyreckoning.com/
In 1970, a year after the Rolling Stones released the greatest rock 'n' roll track of all time, you might have picked up a front-row ticket to see the British invaders for around $20. Adjusted for "official" inflation, that same ticket (or any other $20 item) would today set you back $112.35. That's a 461.8% jump in price. (Adjusted for unofficial inflation - i.e. actual prices - a front-row Stones ticket would cost something like $350). Some safekeeping!
From Daily Reckoning at http://dailyreckoning.com/
In 1970, a year after the Rolling Stones released the greatest rock 'n' roll track of all time, you might have picked up a front-row ticket to see the British invaders for around $20. Adjusted for "official" inflation, that same ticket (or any other $20 item) would today set you back $112.35. That's a 461.8% jump in price. (Adjusted for unofficial inflation - i.e. actual prices - a front-row Stones ticket would cost something like $350). Some safekeeping!
Friday, August 6, 2010
More Money
Our government’s current solution, regardless of party, is to print more money. This brings to mind a statement by Ethel Kennedy (wife of RFK) when notified by her accountant that her checking account was overdrawn: “That can’t be, I still have checks left.”
LOL
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LOL
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