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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (121408)	3/8/2019 10:07:23 AM
From: Winfastorlose	Read Replies (1) \| Respond to of 223401

Think about it. One ounce of gold still pretty much buys what one ounce has always bought. One month's rent. One suit of fine clothing, a month's worth of food. etc. it even buys a little more fuel than it used to buy.

To: yard_man who wrote (121408)	3/8/2019 12:02:26 PM
From: Goldilocks	1 Recommendation Recommended By GROUND ZERO™ Read Replies (1) \| Respond to of 223401

yard man, I've tracked the price of a Big Mac burger locally. MacDonald's is in competition with Taco Bell and others all located around it. The Big Mac is their flagship product and incorporates the cost of beef, flour, onions, rent, labor etc. A fair cross section of prices in the economy. You ask about inflation. The price of my local Big Mac has averaged rising 4.8% per year since Jan 2000.