I have to agree with dct that your response is statistically inaccurate. The only way to properly measure whether wages have kept pace with...
You are correct, but historical production is irrelevant to the market price and above ground inventories are not really misleading at all to...
I agree completely. It is obvious that rising metal prices pretty much prove that inflation is far worse with fiat currencies relative to gold...
I wouldn't discount it, although I don't think it will happen soon. When you consider that there have been several failed Treasury auctions...
I think gold and silver prices will continue to rise in an irregular manner. In a bull market, prices tend to move much higher and for much...
It's a good question. Gold inventories are larger than silver, with about 5billion ounces of gold and 1billion ounces of silver in above ground...
The problem I have with the charts is that supply and demand don't balance, which is impossible. The difference goes someplace, either into...
If you really want to dive in, a good starting point that is fairly easy reading is:...
Well then, take the price of almost anything else you need to live -- bread, milk, cars, insurance, property tax, etc. Those prices are not...
coleguy, the part you are missing is that while wages and prices tend to keep pace with each other as inflation continues, the same cannot be said...
Needless to say, I disagree with much of what you wrote.;) There are no contradictions at all once you accept that gold IS money and therefore...
Try to explain that to people on a fixed income who used to eat roast beef and now eat cat food.
This is misleading. There is no advantage to a GOLD-BACKED currency, as you state. It is a fraud and excuse for confiscating gold. But what...
Really? Were you there? In 1980 gas was $1 [up from 0$.30 a few years earlier] and I bought my Mustang new for $3,400 in 1979. A two bedroom...
I don't think anything you wrote is much of a factor in higher gold prices. The price is higher mainly because of central bank buying and wealthy...
I think the 1/10 oz coins are more affordable, so they go first. A 1 ounce is a big commitment. It's probably more popular among the survivalist...
The traditional measure was to measure changes in the cost of living by using a fixed basket of goods. But now the CPI is calculated using a...
Somewhere around here I posted that measurement against other currencies is not a reliable indicator of the value of the dollar or the direction...
Then we will have to agree to disagree. I don't mind listening to someone's opinion, as long as they state or imply that it is only opinion. But...
I think it's far more naive to believe everything you read without requiring the author to source his/her rumor. Otherwise you're just chasing...
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