US Dollar Buys More Oil, Housing, Wheat, Soybeans, Copper, Platinum than 5 Years ago
by ext4r . Jan 16, 2013 9:49 PM . Permalink
US Dollar More Valuable Now Than 5 Years Ago
The value of the US Dollar is rising and can buy more now than it could 5 years ago.
Early 2008 Oil = $150 barrel
Current 2013 Oil = $96 barrel
Early 2008 Gasoline = $4.12 gallon national average
Current 2013 Gasoline = $3.30 national average
Early 2008 Copper = $4.20 per pound
Current 2013 Copper = $3.68 per pound
Early 2008 Aluminum = $1.50 per pound
Current 2013 Aluminum = .90 cents per pound
Early 2008 Platinum = $2300 per ounce
Current 2013 Platinum = $1540 per ounce
Early 2008 Wheat = $12 per bushel
Current 2013 Wheat = $7.50 per bushel
Early 2008 Soybeans = $16 per bushel
Current 2013 Soybeans = $13 per bushel
Current 2013 Real Estate Prices Are MUCH lower now than 5 years ago
Silver is in a bubble relative to other assets and commodities and the silver bubble continues to deflate.
How bout the 10 year comparison when the dollar was trading in the 120's. thats what I call a crash. start facing it. You'll probly never be able to buy back all that silver you sold at $20. Then you bought zsl with the profits. Ouch!
That would represent the truth.
We can't have the truth on Yahoo! message boards.
At least while i can still reply (to myself)
easy to verify
look it up
see for yourself