Tsunami
Well-known member
Here's a chart that proves what you're talking about. We continue to be told that inflation is not a problem but......
http://www.caseyresearch.com/articles/4052/a-gold-tsunami-is-coming/
When the stock market finally tops at some point this year, these food staples, basic and precious metals, oil, etc., are going to fall hard for a while, but the endless money printing will keep the longer term trend higher and I hope it doesn't go hyperbolic Zimbabwe style. The government is trapped with it's huge deficit/debt though, and needs to keep a high inflation rate going for years to come.
http://www.caseyresearch.com/articles/4052/a-gold-tsunami-is-coming/
When the stock market finally tops at some point this year, these food staples, basic and precious metals, oil, etc., are going to fall hard for a while, but the endless money printing will keep the longer term trend higher and I hope it doesn't go hyperbolic Zimbabwe style. The government is trapped with it's huge deficit/debt though, and needs to keep a high inflation rate going for years to come.