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iShares Silver Trust Message Board

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  • SA1212 SA1212 Dec 22, 2010 5:17 PM Flag

    Inflation is a coming

    Wikipedia: In economics, inflation is a rise in the general level of prices of goods and services in an economy over a period of time.
    You can buy houses now at 1/3 of the price of 2005. You can buy flat screen TVs at 1/3 of the price of 2005. You can buy computers at 1/3 of the price you would pay for the same in 2005. Gasoline is pretty stable price wise. Natural gas is WAY cheaper than in 2007. Oil is long ways below $140 that it used to be. Maybe inflation is coming, but it ain't here yet.

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    • ...there is a reason why the rich get richer and the poor get poorer: there is none so blind as he who will not see and I have no sympathy, no empathy and no compassion for those who have their heads buried in the sand.

      I can clearly see the big picture and while I'll continue to be in the "haves", the "have-nots" best not come knocking at my door.

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