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lootie

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lootie

Re: wunsch post# 3116

Thursday, 01/10/2008 12:19:04 AM

Thursday, January 10, 2008 12:19:04 AM

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The price of gold most directly correlates inflation,however it runs about 4 -5 year's in advance of official inflation figures.
Inflation is now officially about 3 %,using the old CPI,inflation is about 11 %.(Walter John Williams.)
The 2007 M3 money supply increased about 14 %.Money supply increases do not instantly translate into inflation,but they are the surest correlate of inflation.
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