For those unconvinced about inflation, gold is up 39% since January
Now at $3700.00 an ounce. Silver very similar percentage move.

WSHazel
(580 posts)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)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)US Dollar Index (DX-Y.NYB)

Crude Oil

gab13by13
(29,837 posts)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)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 cant wrap its collective little brains around.
progree
(12,334 posts)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.
no_hypocrisy
(53,121 posts)gold rising to $600.
Coldwater
(146 posts)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)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)Beyond groceries and bills, we just quit. We stopped replacing things that break that we dont need - extra TVs, fashionable clothes, electronics Theres less juice with each progressively more expensive squeeze.
multigraincracker
(36,313 posts)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)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.