Money & Economics
- Thread starter bigredfish
- Start date
"It’s mathematically not feasible"
When did that ever stop a politician?
When did that ever stop a politician?
Silver Hits Fresh Record After Topping Peak From October Squeeze
Friday also saw erratic price moves and thin liquidity in the silver market, after a chaotic hours-long halt to trading in futures on the CME’s Comex Exchange. By early morning US-time, most trading operations were back.
Silver has surged almost 90% this year, as investors pile into alternative assets in a wider retreat from government bonds and currencies, dubbed the dabasement trade. Optimism about the metal’s fundamental supply and demand balance have also supported prices — the market is set to see a fifth consecutive supply deficit this year. Unlike gold, a large share of silver demand is industrial, with applications in solar photovolaics and electronics.
mat200
IPCT Contributor
- Jan 17, 2017
- 17,368
- 29,299
Think I should have invested in DDR5 DRAM instead over the summer .. could have easily 3-4x my money in the last 3 months ..
Hear that folks, after you get your DOGE & tariff checks, Fort Knox is audited, Greenland is purchased, Hillary goes to jail, and the swamp is drained Trump is getting rid of the income tax in a country where he just signed a $7 trillion budget.
I, for one, totally believe him.
I, for one, totally believe him.
Maffs are hard…
Generally accepted that retail purchases on Black Friday were up 4.1% YOY, though unit sales were down
Let’s say you spent $100 last year
This year you spent $104.10
Prices increased 7%
What does that tell us?
Generally accepted that retail purchases on Black Friday were up 4.1% YOY, though unit sales were down
Let’s say you spent $100 last year
This year you spent $104.10
Prices increased 7%
What does that tell us?
mat200
IPCT Contributor
- Jan 17, 2017
- 17,368
- 29,299
I just dropped $500 on RAM which was $200 a couple of months ago ..
yup, retail purchases are up in total price, value is down for customers ..
So YOU were part of that BOOMING Black Friday! 
Headline for the naive is “Great Black Friday, Spending UP!
When in reality inflation UP and purchases DOWN. But you’ll never convince the true believers. I mean Fox News said it was Grreeat!
Oh, by the way, a large percentage of those purchases were bought on max’d out credit cards and BNPL
(Buy Now Pay Later) Services like Klarna.
Later is gonna suck big time …
Headline for the naive is “Great Black Friday, Spending UP!
When in reality inflation UP and purchases DOWN. But you’ll never convince the true believers. I mean Fox News said it was Grreeat!
Oh, by the way, a large percentage of those purchases were bought on max’d out credit cards and BNPL
(Buy Now Pay Later) Services like Klarna.
Later is gonna suck big time …
RAM is pretty much an isolated issue. Some people are blaming AI pushing prices up on RAM, yet CPUs and GPUs have not increased, yet. Last time RAM went crazy was due to a plant fire back in the 90s
Computer memory-chip prices stabilize after factory fire sends them soaring - UPI Archives
Computer memory-chip retailers say prices have stabilized in recent days after doubling in the past two weeks after fire destroyed a key Japanese chip-resin...
www.upi.com
I have bought quite a few things here this last month and the month before. Compared to last year I do not see much, if any increase, this is through Amazon and Walmart online...actually my Wrangler jeans, which I paid $18 for was cheaper than the $25 I paid last year.
inflation is real. Sorry.
You can believe the actual numbers and both govt and industry reports or ignore it.
And it’s getting worse
You can believe the actual numbers and both govt and industry reports or ignore it.
And it’s getting worse
Recall they didn’t report October numbers, both labor and inflation were bad.
Here’s Sept. 1 month.
There are 12 months. It’s cumulative…
Here’s Sept. 1 month.
There are 12 months. It’s cumulative…
I bought a pack of smokes today for $.50 less than last week, and my mustard and butter were BOGO at Publix. Must be no inflation.
Golden Age
Golden Age
Ssayer
BIT Beta Team
The goofy part is that we have NEVER carried a balance over on our credit cards, so we don't "rate" a top tier credit rating...