[Homestead] An interesting outlook

Rob becida at comcast.net
Sat Nov 3 21:45:18 EST 2007


I found this site thru a different list.
http://www.urbansurvival.com/week.htm

Here's an example-

 >>If you plug in $850 to the Minneapolis Fed inflation calculator 
http://www.minneapolisfed.org/Research/data/us/calc/index.cfm , and 
the year 1980 and simply adjust for inflation to 2007, you'll see 
that in order for gold to make a new high today, it would need to 
exceed $2,128.09 per ounce.

So here's your homework Go to the Google News Search Engine and look 
up gold. Now, click on any of the stories about gold hitting new 
highs.  Then, using your browsers word search function, look for the 
word inflation in each story.

  It's my view that if a report deals with gold prices from 1980 (the 
last time it was over $800) and doesn't mention the inconvenient 
truth about inflation and the fraud of a 'strong dollar policy' then 
the reporter is either in league with the Powers That Be, or should 
go back to writing obits until they can at least report reasonable context.<<

I don't think about inflation when I see current gold prices, 
gasoline or bread prices. Good point if you ask me.

It's not too late to think about getting next years garden ready.



Rob

becida at comcast.net
Western Washington State, USA



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