Gas prices are up. Food is up. The main essentials for living expenses have increased the past couple of months. The only commodities that didn’t really go up were precious metals. This seems to be somewhat non-understanding. Yet the dollar is showing signs of rebounding (even when everything is higher priced still) with record highs for the DOW. And the average consumer, taxpayer are suffering these “spasms” (speaking for myself and my family, we’re doing ok). WHAT”S GOING ON? Is the U.S govt. interfering? Can anyone elaborate on these topics?
If price of gas keeps increasing at this rate, and for whomever reads this, I hope you spent time tuning your bicycles (this isn’t suppose to be amusing). Record bicycle sales still stands back in 1974 for the fear of major oil shortages of that time. I already noticed less current traffic in my area. It's all relative.
It appears that either the PM markets are fixed or that there really just is not the demand for PMs that we believe there should be. Years ago in the 70s silver and gold were considered to be 'safe havens'to put your money. Perhaps most of today's younger investors just don't relate to PMs anymore. Stocks is where the action is. Their thinking may be that the stock market will keep ahead of the falling dollar and increasing consumer prices.
But then, maybe not.
**************** Fanaticism is doubling one's efforts, yet forgetting one's purpose.
DOW, GAS, FOOD, DOLLAR -UP METALS - DOWN
Forum Locked
Posted - 05/16/2007 : 12:32:44
Can anyone elaborate on these topics?
