SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Dutch Central Bank Sale Announcement Imminent?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sea_urchin who wrote (19456)11/1/2003 6:30:34 AM
From: mcg404  Read Replies (1) of 82050
 
Searle, Thanks for the very interesting stockchart charts - so much info at our fingertips and still as confused as ever - at least I am. (As Hayek said, “The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.”)

I agree with your thought about gold having no life apart from being a commodity. But question if you have to amend your statement 'inflation, as judged by the CRB Index of commodity prices, has been pretty steady for many years' with the phrase 'so far'. Isn't it possible (and probable) that the value of commodities relative to USDs does not adjust real time but can have significant lags, thereby miscommunicating actual inflation? And that a unique confluence of events regarding the USD's role as the world's reserve currency and the desire of certain countries desire to protect their export economies has added to this problem?

John
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext