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<p>[QUOTE=&quot;medoraman, post: 1570405, member: 26302&quot;]I agree with use of PM but disagree on your point of gasoline. Stated in terms of inflation adjusted dollars, gasoline is not out of line at todays pricing if you go from the 50&#039;s to today. What happened was the 90&#039;s were artificially low for all commodities. </p><p><br /></p><p>I have said it before, you cannot expect a FRN to retain its purchasing power. It is not designed to be held for 30 years and retain its purchasing power. BONDS are designed for that function. If you would have bought a bond in 1952 and cashed it today they would buy roughly the same amount of gas in either era. Yes, so would have PM, but that only serves to illustrate my point that BONDS are the real &quot;dollars&quot; you need to measure with over time versus other commodities.</p><p><br /></p><p>Btw, tripling in 20 years is not hyperinflation. Think more like ALL PRICES tripling in a couple of years, or just a few months.[/QUOTE]</p><p><br /></p>

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