Feb
28
Inflation? from George Zachar
February 28, 2008 |
Ever so slight, but upward, revisions in the price series.
By the way, the uptick in initial claims seems to have been due to funky seasonals around the President's Day holiday.
Steve Ellison asks:
Silver is approaching $20. Can $1000 gold be far behind to complete the markets' inflationary grand slam (after $100 oil, $1.50 euro)?
Comments
1 Comment so far
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Gold is already similar to 1980 but silver is only half way there, maybe because it’s more of an industrial metal but it’s the forgotten metal for sure. I knew a fellow that held silver from single digits up to $35 and all the way back down. He still was pretty unhappy about it until he died in the 1990s.