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Re: Thinman13 post# 21117

Sunday, 04/28/2013 12:29:35 AM

Sunday, April 28, 2013 12:29:35 AM

Post# of 36640
No Inflation = Prices Lower Now than 5-years-ago

The value of the US Dollar is rising and can buy more now than it could 5 years ago.

Early 2008 Oil = $150 barrel
Early 2011 Oil = $115 barrel
Current 2013 Oil = $93 barrel

Early 2008 Gasoline = $4.12 gallon national average
Current 2013 Gasoline = $3.50 national average

Early 2008 Copper = $4.20 per pound
Current 2013 Copper = $3.17 per pound

Early 2008 Aluminum = $1.50 per pound
Current 2013 Aluminum = .82 cents per pound

Early 2008 Platinum = $2300 per ounce
Current 2013 Platinum = $1475 per ounce

Early 2008 Wheat = $12 per bushel
Current 2013 Wheat = $8.50 per bushel

Early 2008 Soybeans = $16 per bushel
Current 2013 Soybeans = $13 per bushel

Current 2013 Real Estate Prices Are MUCH lower now than 5 years ago

Silver is in a bubble relative to other assets and commodities and the silver bubble continues to deflate.