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bucolic_frolic

(52,441 posts)
Thu Sep 18, 2025, 07:41 AM Thursday

For those unconvinced about inflation, gold is up 39% since January

Now at $3700.00 an ounce. Silver very similar percentage move.

12 replies = new reply since forum marked as read
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For those unconvinced about inflation, gold is up 39% since January (Original Post) bucolic_frolic Thursday OP
Other major currencies up vs dollar too WSHazel Thursday #1
Krasnov wanted the drop in interest rates for one reason gab13by13 Thursday #3
U.S. Dollar. And oil since someone brought up energy prices progree Thursday #7
What is keeping inflation from going higher gab13by13 Thursday #2
Fuel efficiency is keeping oil prices down WSHazel Thursday #9
I'm plenty convinced progree Thursday #4
I remember when Time Magazine's front cover in 1979 or 80 announced no_hypocrisy Thursday #5
I'm convinced Coldwater Thursday #6
Beware................. Lovie777 Thursday #8
Quit Buying OC375 Thursday #10
I've learned, never buy and sell gold and silver from a dealer. multigraincracker Thursday #11
Dealers run a business that runs on money. They have to pay their bank line of credit. bucolic_frolic Thursday #12

WSHazel

(580 posts)
1. Other major currencies up vs dollar too
Thu Sep 18, 2025, 07:44 AM
Thursday

Euro and Yen, even CAD$

Stocks are an inflation hedge of sorts, so even though investors might feel risk averse, they are buying stocks because cash is higher risk than normal in an inflationary environment.

gab13by13

(29,837 posts)
3. Krasnov wanted the drop in interest rates for one reason
Thu Sep 18, 2025, 07:50 AM
Thursday

and one reason only, to devalue the dollar and boost Crypto. Krasnov doesn't give a shit about improving the economy for unwashed Americans, he only cares about what benefits him. Krasnov has made billions of dollars in Crypto since becoming dear leader.

progree

(12,334 posts)
7. U.S. Dollar. And oil since someone brought up energy prices
Thu Sep 18, 2025, 07:59 AM
Thursday
Dollar, and Oil, (last 6 months) - they update a few hours (like about 6 hours) after the close


US Dollar Index (DX-Y.NYB)


Crude Oil

gab13by13

(29,837 posts)
2. What is keeping inflation from going higher
Thu Sep 18, 2025, 07:47 AM
Thursday

is that the price of gasoline has remained relatively low over Krasnov's 2nd reign. Maybe Krasnov's fossil fuel pals are keeping the price down for him? Yeah, I know all about how gas prices are determined, and I heard about the invisible hand of the market and supply and demand, and I also know about crony capitalism, when is Krasnov going to bail out big farmers?

WSHazel

(580 posts)
9. Fuel efficiency is keeping oil prices down
Thu Sep 18, 2025, 08:19 AM
Thursday

As the rest of the world rapidly converts to electric vehicles, demand for oil drops. OPEC is concerned that the demand will continue to drop, so it pumps more oil now rather than saving it for later, further driving oil prices down.

Green energy saves money. Something that MAGA just can’t wrap its collective little brains around.

progree

(12,334 posts)
4. I'm plenty convinced
Thu Sep 18, 2025, 07:51 AM
Thursday

The CPI rise averaged 3.5% over the past 3 months (June, July, August) on an annualized basis (core CPI: 3.6%)
The August one month increase annualized is: CPI: 4.7%, (core CPI: 4.2%)



More from where the graphs came from: https://www.democraticunderground.com/10143528031#post12

Yes Virginia, we have a rising inflation problem. It's not May anymore.

Coldwater

(146 posts)
6. I'm convinced
Thu Sep 18, 2025, 07:57 AM
Thursday

And I don't need charts and graphs to prove inflation is on the rise. I just need to go shopping at the grocery store and stare in disbelief at my electric bill.

Lovie777

(20,340 posts)
8. Beware.................
Thu Sep 18, 2025, 08:18 AM
Thursday

the holiday season gonna suck....................

Every year the GQP claimed that Liberals/Democrats hate Christmas..............

but shithole and comrades said little girls only need 1 doll, etc..........

it's already happening, the holiday season will suck because of the extremely high cost.........

Besides the eggs being too high.

OC375

(278 posts)
10. Quit Buying
Thu Sep 18, 2025, 09:11 AM
Thursday

Beyond groceries and bills, we just quit. We stopped replacing things that break that we don’t need - extra TVs, fashionable clothes, electronics… There’s less juice with each progressively more expensive squeeze.

multigraincracker

(36,313 posts)
11. I've learned, never buy and sell gold and silver from a dealer.
Thu Sep 18, 2025, 09:50 AM
Thursday

They discount buying it by at least 20%. Same, or even worse selling it. Better off investing in funds based on it.

bucolic_frolic

(52,441 posts)
12. Dealers run a business that runs on money. They have to pay their bank line of credit.
Thu Sep 18, 2025, 10:15 AM
Thursday

When the market nears a peak they stop buying because they have no credit remaining, and have to cover losses on what they just bought, and that on credit.

So yes, impossible to time the market well.

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