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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: RonMerks who wrote (2992)10/24/2006 1:38:00 PM
From: maxncompany  Read Replies (1) | Respond to of 50167
 
That may make sense from 1980 to 2000. But the last few years, from POG $250 to POG over $700, there was little wage inflation during that time.



To: RonMerks who wrote (2992)10/25/2006 12:58:36 AM
From: c.hinton  Read Replies (1) | Respond to of 50167
 
Re gold....perhaps it is that gold is the investment of last resort.everything else has to be precieved as crap for gold to shine.that ,thankfully does not happen often.



To: RonMerks who wrote (2992)10/25/2006 11:12:56 AM
From: RonMerks  Read Replies (1) | Respond to of 50167
 
Another take on why inflation is different this time.

I think I am finally beginning to understand why gold is folding into the face of what we all still perceive as an inflationary environment.

The missing piece for gold is wage and income inflation.

We had it in 1980 but we do not have it today.

globaleconomicanalysis.blogspot.com