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


To: John Vosilla who wrote (95351)10/9/2012 2:40:26 AM
From: energyplay1 Recommendation  Read Replies (2) | Respond to of 218131
 
There are a number of reasons price inflation hasn't kept up with the gold price.

1. The gold market is tiny, and when the central banks are printing, investors crowd into the market, pushing gold much higher than a non-printing environment.

2. Prices on a number of goods are actual lower in real terms.

Everything electronic has benefited from Moores Law, and is actually cheaper.

Sourcing clothing, furniture, small appliances and toys from China has reduced prices.

The internet has made price comparison almost automatic, and eroded retail margins. Also
made hotels, airline fares, cell phones plans, auto insurance, and mortgage rates easy to compare.

Highly computerized retailers with high volumes, like Wal-Mart, Target, Best Buy, Costco, and Amazon
can push manufacturers to lower prices, distribute at very low cost, and still make good profits.

If the central banks stopped printing, gold could go to about $900 to $1000.

I expect the central banks will keep printing until gold is $2500 to $3000.



To: John Vosilla who wrote (95351)10/9/2012 7:48:00 AM
From: bart13  Respond to of 218131
 
Since Jan 1971:

CPI 05.8 x
CPPI 14.4 x
SGS-CPI, est. 21.9 x
Gold 42.8 x



To: John Vosilla who wrote (95351)10/9/2012 11:37:28 AM
From: Maurice Winn4 Recommendations  Read Replies (1) | Respond to of 218131
 
Yes John, there have been some vast trends. The biggest of which is the rapidly burgeoning extra-somatic intelligence of Cyberspace and mobile Cyberspace. Another huge one is Made in China freeing a billion people from their subsistence totalitarian existence to join the industrial revolution and manufacturing components for Cyberspace. Another billion here and there also joined in, such as software in India, food and other production around the world.

J6P competes with people around the world, so the J6P relative value has gone down while the others have come up as they were able to bid for jobs instead of eking out an existence in a rural paddy field, which is a fantastically great thing. That has enabled J6P to tootle around town with an iPhone costing almost nothing but which can do nearly everything.

A house is made out of J6P labour. Since pay rates have not soared as much as oil, Made in China wages, houses can't soar so much either. 6 billion people are now bidding for oil, so even though each litres goes further, the price is a lot higher and demand too because it's hard work to keep pace, with easy oil scarce in the "free" world.

A major paradigm shift happening is Google cars. In a decade or so, the pressure will be on to ban dopey drivers and eventually ban everyone. That will make transport vastly more efficient and cheaper. Taxis at present cost a fortune because they come with a driver who wants to be paid $40,000 a year. Google car chauffeurs will work for $1000 per year and then a lot less - almost free. Taxi prices will plummet. Owning and driving a car around town will seem like an absurd thing to have done, with vast traffic jams a distant memory, like horse poop in the streets of New York. People with their iPhones will hail a cab which will be just along the road, going in the right direction to pick up somebody else at the destination. The price per kilometre will be more like 20c than $2.

Living way out at the end of a lengthy commuting run from San Diego up highway 15 will be expensive so those McMansions will still be cheap though the price of petrol should drop as it doesn't cost $100 for a barrel equivalent of energy. The cosmos is made of energy and there is any number of ways of getting some for less than $100. With Google cars that commuting run in peak times would be much quicker and more convenient - sitting back cerfing in Cyberspace while the car drives a metre behind the one in front, with much reduced drag, so with great fuel efficiency, at 100 mph. Maybe highway 15 McMansions will become more desirable again and their prices will surge as transport cost and convenience improve.

The big looming thing is Peak People and with that the rapidly progressing thing that Ted Kaczynski feared. Human eugenics continues apace too as women continue to select for good genes, filtering out the bad.

Gold will be abandoned as an interesting artifact of a bygone era [like horses for transport]. It might or might not get a last hurrah, as it has been enjoying during the race between gold and Cyberspace since the huge Cyberspace celebration of Y2K in the Biotelecosmictechdot.com bubble.

It looks as though my 31 Dec 2012 sooth for gold at $1727 is going to be on the money. As were the previous 3 sooths. 31 Dec 2013 and 2014 should be a bit more tricky. Watch out for 2020 foresight reglaciation in 2020 too.

Mqurice