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Message
re: CPI numbers still hot inflation
Posted on 4/10/24 at 8:00 am to OccamsStubble
Posted on 4/10/24 at 8:00 am to OccamsStubble
quote:
Put a more realistic way, the US dollar has lost 16% of it's buying potential against GOLD, and 24% against SILVER,
Commodities that fluctuate wildly are not currency comparisons
3
Posted on 4/10/24 at 8:04 am to SlowFlowPro
people that use emoticons to make a point never do.
This post was edited on 4/10/24 at 8:09 am
Posted on 4/10/24 at 8:14 am to SlowFlowPro
Could you imagine finding a law firm on Google and getting SFP?
Posted on 4/10/24 at 8:24 am to SlowFlowPro
quote:
Commodities that fluctuate wildly are not currency comparisons
You really have zero clue. Stop trying to act like you do.
You know what gold futures were in July 2020? 1,810.
You know what gold futures were in October 2023? 1,840.
Gold futures are higher now why?? It’s a hedge against inflation.
Since 2000 the US Dollar index has fluctuated more than gold has BTW.
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