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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: aknahow who wrote (11943)5/25/2006 8:41:23 AM
From: FreedomForAll  Read Replies (2) of 78410
 
Unfortunately the federal calculation of the CPI has been understated for 25 years and waaay understated for the past 10 years due to substitution--assuming that if the price of steak went up, the public would substitute hamburger. Using that example, in the next 10 years people will be substituting dog food for hamburger as the price of hamburger accelerates upward. As a result the federal CPI will be stable which will continue to erode the social security of retiring baby boomers as the value of the dollar crashes and the real prices of all commodities reflect that reality. Lots of boomers may be eating dog food when their inheritance runs out after paying for health insurance and medical care.
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