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<p>[QUOTE=&quot;Rono, post: 1095529, member: 6492&quot;]Howdy all,</p><p>&nbsp;</p><p>Inflation, as measured by the CPI, is such a fraud.&nbsp; I love shadowstats.com.&nbsp; Hedonic adjustments.&nbsp; If the product is new and improved and therefore you&#039;re receiving more for your money, any price increase doesn&#039;t count and indeed, if it&#039;s the same price, they subtract that from the basket.&nbsp; Ok, that makes sense.&nbsp; However, when I bought my 2005 Montanta to replace my 2000, I had to pay $5K more for things I didn&#039;t want.&nbsp; But I rec&#039;d my vehicle for my money.&nbsp; Yes, but I was not able to buy one without the &#039;new and improved&#039;.&nbsp;&nbsp; Fully 50% of the basket of goods/services is subject to hedonic adjustments.&nbsp; </p><p>&nbsp;</p><p>And a lot of the CPI is consumer oriented.&nbsp; TVs, PCs, etc.&nbsp; I&#039;d like to see real stuff added up:&nbsp; food, energy, health care, drugs, education - real stuff that folks have to have.&nbsp; </p><p>&nbsp;</p><p>As for the drivers for gold and silver - silver is similar but has a stronger industrial demand aspect.&nbsp; Should the economy recover and the developing world continue to develop, silver will be working as will the Noble Sisters - platinum and palladium.&nbsp; Gold has the savehaven edge over silver although this is starting to disappear at these prices as silver starts to become more of a &#039;poor man&#039;s gold&#039;.&nbsp; &nbsp; I&#039;m still overweighting silver relative to gold and mining stocks relative to bullion.&nbsp;&nbsp; I&#039;ve been following the gold/silver ratio for too long and while it may or may be historically accurate, lots of folks believe it to be true and adjust their investments accordingly.&nbsp;&nbsp; BTW,&nbsp; it feels like the correction is over for now so I bought some SIL today.&nbsp; It&#039;s an ETF that owns global silver mining stocks.&nbsp; </p><p>&nbsp;</p><p>And so it goes,</p><p>&nbsp;</p><p>peace,</p><p>&nbsp;</p><p>rono[/QUOTE]</p><p><br /></p>

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