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re: Gold: It's basically f'd
Posted on 2/25/11 at 11:45 pm to kfizzle85
Posted on 2/25/11 at 11:45 pm to kfizzle85
And for those who worry about the somewhat arbitrary market premium assigned to gold by mere historical convention, there is always the option to invest in gold coins that have their value backed by more practical, edible commodities...
1
Posted on 2/26/11 at 12:04 am to Doc Fenton
I'm picturing the mascot in your avatar running down the street in full gallop, with a bag full of those draped over his shoulder right after he knocked off a candy store. The big teeth make it special.
Posted on 2/26/11 at 9:10 am to kfizzle85
Posted on 2/26/11 at 10:55 am to saint308
quote:
However, the CPI does not include energy or food. I know my gas cost has risen a bunch.
If you truly believe this I suggest going to TreasuryDirect and researching how the inflation factor applied to TIPS is really calculated. This is coming from the guy that bought 30-year TIPS on 2/17/2011 at auction.
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