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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 453.99-0.1%Feb 4 4:00 PM EST

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To: bart13 who wrote (99161)3/15/2013 7:15:08 PM
From: Maurice Winn1 Recommendation  Read Replies (1) of 220025
 
You can also measure inflation fairly easily using gold and oil as measuring sticks.

Gold was $35 and ounce for a few decades
Oil was $2 a barrel for a long time.

Then gold was $700 per ounce and oil was $40 a barrel.

Then they went down to $300 an ounce and $15 a barrel.

Then gold went up to $1727 per ounce and oil to $100 a barrel.

So, near enough for government work, you can calculate inflation from those figures.

Since oil is turned into gold, you could just use the gold price as the inflation measurement.

Because inflation is different from dilution, it's not a good measure of the profits of control the US$ producers get by diluting US$.

Mqurice
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