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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?

To: goldsheet who wrote (1244)	12/21/2004 1:06:09 PM
From: jpthoma1	Read Replies (1) \| Respond to of 18308

I never said it was «right on», but when Sinclair says the index is manipulated by the USA authorities, well...........as I said before he must be tired, very tired !! JP

To: goldsheet who wrote (1244)	12/21/2004 1:20:09 PM
From: loantech	Read Replies (1) \| Respond to of 18308

<May even be underweighted for technology related items, which continue to plummet in price and make up more of our lives> Do you think the average family spends more on groceries, food, electricity, gas and oil, insurance and home or rent payments or more on TV's, stereos, cell phones, computers, big screens and whatever other gizmos we don't really need? Wages have not kept up with the cost of living. My wife and I made about $18,000 per year in 1973. A decent home ranch style in Eugen or Portland at the time was $24,000. So a home cost 1.33 times our annual salaries. I assume a nice MonteCarlo then was $4,000.00. So the car cost 22% of annual income. We don't work fulltime now but if we did our income would be around 85K. A nice mid size car fully equipped would run let's say 25K so 29% of income vs 22% in 1974. But the same house that sold in 1974 for 24K would now sell for 180K. I know because it is the house we live in. So the house is now over 200% of income. I figure there are little lies in CPI to keep guaranteed government payments to vets and people on SS and medicare down on the farm.