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Thread: CPI jumps 5% in May of 2021, fastest since 2008

  1. #901
    Fascinating , the economy can tank and food inflation will still be going up . I'd say by Jul no doritos for most. Enjoy the third world.
    Do something Danke



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  3. #902
    Quote Originally Posted by oyarde View Post
    Fascinating , the economy can tank and food inflation will still be going up . I'd say by Jul no doritos for most. Enjoy the third world.
    Yup. Those with debt are boned. Like I said in 08, "as long as people keep their jobs, we'll be ok". The other shoe's about to drop. Watch the housing market. Doritos are the last of people's worries. Right after pronouns.
    All modern revolutions have ended in a reinforcement of the power of the State.
    -Albert Camus

  4. #903
    Quote Originally Posted by oyarde View Post
    Fascinating , the economy can tank and food inflation will still be going up .
    Stagflation, just like the Ford and Carter years.

  5. #904
    Quote Originally Posted by acptulsa View Post
    Stagflation, just like the Ford and Carter years.
    Thats where it seems to be going. Megan Henny , Fox Business article today titled , JP Morgan warns investors should brace for 1970s style stagflation.
    Last edited by oyarde; 02-27-2024 at 08:38 PM.
    Do something Danke



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  7. #905
    Quote Originally Posted by otherone View Post
    Yup. Those with debt are boned. Like I said in 08, "as long as people keep their jobs, we'll be ok". The other shoe's about to drop. Watch the housing market. Doritos are the last of people's worries. Right after pronouns.
    The bright side of a collapse means those f a g g o t s wont have time to worry about pronouns
    Do something Danke

  8. #906
    looking like inflation this quarter will still run nearly a half point higher than GDP.
    Do something Danke

  9. #907
    Pending home sales down 4.9 percent in Jan while combined Dec - Jan inflation is up a half point and durable goods orders dropped 6.1 percent in Jan. The peasants savings are gone . Mortgage rates 7 percent .Bitcoin 61K .Record individual debt, may get a 1/4 point rate cut from Fed in Jul and another after, thats probably it without sending inflation back to 4 . Im thinking that should push 2200 to 2400 gold paper share spot. Physical gold could get as much as 8 percent higher , could mean 2690 Gold Buffalos for Christmas .Gold highly under valued in comparison to land . Silver and platinum highly undervalued, no idea if they pick up, silver ( peasants money) been belly up for a long time .Oil getting back close to 80 .Layoffs active , unemployment claims can start rising . Spending down , prices up.Everything appears fragile.
    Last edited by oyarde; 03-01-2024 at 09:34 AM.
    Do something Danke

  10. #908
    UPS laying off 12k , completely predictable , 6 months after giving in to union with the go out of business contract. No idea how americans got so retarded in just a few decades, it is like watching someone walk in front of a speeding locomotive.
    Last edited by oyarde; 03-02-2024 at 02:43 PM.
    Do something Danke

  11. #909
    2086 gold today with 2094 futures, lowest lobster catch since 09 , price probably rising .The Count is going to have to cut back. Oil back to 80 for first time since Nov , chooglin
    Last edited by oyarde; 03-04-2024 at 10:46 AM.
    Do something Danke

  12. #910
    Gold ( it and bitcoin are the money of the future ) 2118.60 .
    Do something Danke

  13. #911
    With increases in borrowing costs factored in inflation wouldve peaked around 18 percent 2022 and currently run about 8 percent according to Mark Hulbert Marketwatch article today.
    Do something Danke

  14. #912
    Gold futures 2122.6 as gold broke 2120 today
    Do something Danke



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  16. #913
    gold 2164 , starting to catch up a little with inflation
    Last edited by oyarde; 03-07-2024 at 07:44 AM.
    Do something Danke

  17. #914
    No change in inflation expected for Feb or Mar , tax refund money keeping it flat. GDP 1st qtr may make 2 1/2 decade avg of 1.9 after revised down leaving inflation a full point more over productivity, no reason gold cant do 2200 in Mar
    Last edited by oyarde; 03-12-2024 at 06:54 AM.
    Do something Danke

  18. #915
    Poland pres calls for NATO allies to spend 3 percent of GDP on defense
    Do something Danke

  19. #916
    Jer. 11:18-20. "The Kingdom of God has come upon you." -- Matthew 12:28

  20. #917
    core inflation still nearly 4 percent , inflation pretty much unchanged 2023 and 2024 , after 3 yrs down a pecent from Collins original post
    Last edited by oyarde; 03-13-2024 at 08:16 PM.
    Do something Danke

  21. #918
    Gold 2180 today , US Mint one oz gold Proof Buffalos priced at 2990, silver to 25 today moving silver eagle retail to 32, one oz gold eagles are 2257 to dealers, retail as muc as 2370, bitcoin 73k , Dow 39k
    Do something Danke

  22. #919
    Gold finally catcing up a bit for inflation and depreciated FRN . New all time mark tonigt.
    Do something Danke

  23. #920
    Jer. 11:18-20. "The Kingdom of God has come upon you." -- Matthew 12:28



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