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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: KyrosL who wrote (85407)	1/1/2012 8:57:55 AM
From: Box-By-The-Riviera™	1 Recommendation Respond to of 218047

price of gold 12/30/1992: $332.90 London Close 12/30/2011 Spot Close: $1564.22 easily beating a gallon of milk. <g> and no spoilage on the other hand, it was trading at 252 before it got to 1564. buy low, sell high.

To: KyrosL who wrote (85407)	1/1/2012 9:35:06 AM
From: TobagoJack	1 Recommendation Read Replies (2) \| Respond to of 218047

my 8-12% accounts for true quality improvements in that folks are choosing to live better, paying more, rather than adjusting for quality per hedonics and layering on top w/ chain dollar, simultaneously doubling subjective quality of cat food and concurrently substituting cat food for lobster i would go w/ shadowstats numbers for macro i would not go for bls numbers for anything needing to be useful i am okay with lots of people going with bls numbers, for another 10 good years you are free to choose your path forward, and if i understand you correctly, you are choosing bls over shadow stats, even as shadow stats are just calculating numbers consistently per 1971 methodology

To: KyrosL who wrote (85407)	1/1/2012 10:51:41 AM
From: bart13	4 Recommendations Read Replies (1) \| Respond to of 218047

Increases since 1992 (2002): CPI - 1.638x (1.277x) CPI w/o lies - 3.119x (2.013x) SGS CPI 5.082x (2.485x) Your house price data from 1992 is way too high, it was close to $100k average. Sounds like OFHEO or similar prices were used by that site, rather than the more accurate apples-to-apples sources like Case Shiller. And it's a dicey stat to use too, given the bubble during the period. Gasoline, per EIA, was $1.04 in 1992 - your source was again too high. Postal service is a not a good stat to use, since its not representative of a free market - UPS price stats, for example, show much higher price differences over the same period. Both milk & eggs also have government support... and both have also not been adjusted for reverse hedonics either. Check into price differences for free range or organic products for a more accurate and apples to apples set of free market comparisons - they track CPI w/o lies or SGS CPI quite well. Using 2002 shows a very different picture, since CPI w/o lies shows its biggest jumps & gaps starting around 2002 as the BLS cranked up on geometric weighting and hedonics etc. much more since then. The difference between CPI and either CPI w/o lies or SGS CPI was under 1.5% in 1992, but now its between 5-7.25% Gasoline was $1.16 on 1/2002 and is now $3.41 - almost 3x and well above both CPI w/o lies and SGS CPI adjustments. It averaged $1.46 in 2002 though, which is quite close to the alternate adjustments. Electricity, water, insurance, medical and more are also way way up since 2002 - on an apples to apples comparison basis.