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Market Vectors Gold Miners ETF Message Board

  • au_unhedged au_unhedged Jul 13, 2014 5:23 PM Flag

    Gov't provides the inflation rate every month, so, this couldn't be true:

    Ground Beef was 79 cents,, now $3
    Eggs were 59 cents,, now $2
    Milk was 99 cents,, now $3.35
    Gas was $1.59 ,, now $4.19
    Cable bundle was $65,, now $165

    We are clearly in the early stages of Hyper-Inflation, what did you expect after 5 1/2 years of zero interest rates?

    Sentiment: Strong Buy

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    • In my opinion the government purposefully presents a false picture of inflation to the general public. It likes to talk about the "core" rate, which is an effort to fool the public, since the "core" rate has nothing to do with the essentials that one needs to live, which is what one would expect when the word "core" is used. The government's "core" rate excludes food, shelter and energy, which are the essentials.

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