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Thread: The Next Boom - America is Back

  1. #91

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    Quote Originally Posted by Zippyjuan View Post
    From the Williams link:


    50% (or higher) monthly inflation by the end of next year, eh?
    That's some boom



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  3. #92
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    Quote Originally Posted by Zippyjuan View Post
    From the Williams link:


    50% (or higher) monthly inflation by the end of next year, eh?
    Milk & gasoline are probably 100 % more than five years ago, I would expect to see the same again in the near future with beef , chicken , bacon , milk etc , just my guess ....
    Last edited by oyarde; 02-04-2013 at 10:03 PM.

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    Quote Originally Posted by Zippyjuan View Post
    Gold is also traded in a global market. Has industrial uses for gold soared to drive the price up or is the price higher because people simply want to hold more of it- to "speculate" on it?
    I do not think metals are really " speculation " similar to oil , Nat Gas, Heating Oil, I think of it more as lack of faith in the currencies backed by nothing, trying to preserve ....

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    On the Mercantile today, Cattle Futures, mostly up , Feb. Hogs, up significantly, Soybeans, up . These hold more days than not, I would not look for any serious , long term downward trends , but ,instead the other ....

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    Let me summarize this thread, I do not believe America is " back" , I do not believe it can even come " back " under the current conditions, and that any, " unlikely " boom will be followed by an even " bigger " bust.Hopefully, I am wrong, doubtful ....

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    What I expect to see that I believe you Can count on, is more taxes & fees , lower incomes, more unemployment and higher food prices.

  8. #97

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    Quote Originally Posted by oyarde View Post
    Let me summarize this thread, I do not believe America is " back" , I do not believe it can even come " back " under the current conditions, and that any, " unlikely " boom will be followed by an even " bigger " bust.Hopefully, I am wrong, doubtful ....
    Go back to the reservation, you sound un-American.
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  9. #98

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    Quote Originally Posted by Danke View Post
    Go back to the reservation, you sound un-American.
    Truth. I'm reporting him to the House Committee on UnAmerican Activities and Big Sister.
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    Quote Originally Posted by Danke View Post
    Go back to the reservation, you sound un-American.
    Uh, Negative Norse Man, I am a Real American, A Great American Patriot. I ask for no handouts, you could bring a few boxes of ammo by though ...

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    Quote Originally Posted by heavenlyboy34 View Post
    Truth. I'm reporting him to the House Committee on UnAmerican Activities and Big Sister.
    Those dipshits know nothing of UnAmerican activities,but they should all be put into detention, while I teach them History.....

  12. #101
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    Quote Originally Posted by oyarde View Post
    Those dipshits know nothing of UnAmerican activities,but they should all be put into detention, while I teach them History.....
    I would pay to see that. I might learn something, too. But mostly, I would enjoy the hell out of watching oyarde give 'em what for ...
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  13. #102

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    Biggest and best economy in the world.. Make that money while its boomin

  14. #103
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    Quote Originally Posted by oyarde View Post
    Milk & gasoline are probably 100 % more than five years ago, I would expect to see the same again in the near future with beef , chicken , bacon , milk etc , just my guess ....
    Hyperinflation would mean prices doubling in less than two months.

    Milk Prices (whole milk) Price chart:

    http://future.aae.wisc.edu/data/annu...301?tab=prices

    Compared to five years ago, they haven't changed much. Up 40% since 1995. In hyperinflation that would happen in less than one month.

    Gasoline prices? Five years ago it was about $2.90 a gallon vs about $3.50 on this chart. Roughly 20% change in five years.
    http://gasbuddy.com/gb_retail_price_chart.aspx
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    Quote Originally Posted by Cowlesy View Post
    To follow-up on my worries here.

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  16. #105

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    There is a gas station I pass when I drive by every weekday morning. Over the weekend, price of gas went up from $3.60 to $3.69. When I drove by this morning, I was shocked to see it was at $3.74. That's a $0.14 increase in less than a week. I've driven by that gas station for at least 5 years, and I can't remember the price changing that much over the course of a few days.
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  17. #106

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    I'm stunned. Went by the same gas station today and it's now up to $3.84. That's a $0.24 increase in one week.
    My 2016 prediction: Hillary Clinton will NOT run for president.

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    Quote Originally Posted by ronpaulfollower999 View Post
    There is a gas station I pass when I drive by every weekday morning. Over the weekend, price of gas went up from $3.60 to $3.69. When I drove by this morning, I was shocked to see it was at $3.74. That's a $0.14 increase in less than a week. I've driven by that gas station for at least 5 years, and I can't remember the price changing that much over the course of a few days.
    My local two , one @ $3.50 today , the other $3.54 , still were tonight ( will not be tomorrow afternoon ) , but every other ( in town & two interchanges/exits ) went from around $3.60 this morning to $3.90 when I got off work .I picked up 18 gallons @ $3.54 on the way home @ the closest , I have two empty cans in the garage , and some full , had I known , I would have thrown them in back of the truck this morning and filled them too . I will be splitting wood this weekend and fertilizing and tilling the garden in a couple weeks .
    Last edited by oyarde; 02-16-2013 at 12:02 AM.

  19. #108
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    The food prices will be worse , I imagine , I would expect summer gas to be $4.25 by Memorial Day weekend, just my guess ....

  20. #109
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    Quote Originally Posted by ronpaulfollower999 View Post
    I'm stunned. Went by the same gas station today and it's now up to $3.84. That's a $0.24 increase in one week.
    I regularly see 25 to 40 cent changes upward in a day , then over the course of weeks it goes back down, then abruptly returns , kind of predictive if you study the oil pricing ....

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    I look for these things to become worse ....

  22. #111
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    I will go ahead & stick with my hunch , next boom will be prices going up , not wages.

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