inflation reports today

latefordinner · #1 04-17-2007, 10:25 PM

Next stop for the USDX .7000 - next stop for gold - $750

really, I don't know how people can continue to spin weak economic news into good news. The US economy continues to slow at the same time that food and energy prices are skyrocketing. Dollar is hitting records against the EUR and the GBP. Mortgage defaults continue to skyrocket. Major stagflation is a real possibility.

Pete · #2 04-17-2007, 11:30 PM

totally agree...the USD is falling into the toilet again the euro and gpd......if only the fed would relay what inflation really is, not this made up number they come up with each month

gonebroke2 · #3 04-18-2007, 01:12 AM

Inflation is over 10%. When the USDX touches .7000, gold will be well over $1000/ounce.