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Reply With QuoteVery interesting. With the price of an ounce of gold well into the 4 figures I'm quite shocked that such a small sample sized index is flat year over year. I guess we have geese and pears to be thankful for this holiday season.
Great article.
Grumble Grumble Grumble
With Christmas fast approaching, the annual '12 Days of Christmas' US price index, (based on the cost of the items described in the Christmas song) is out. The costs of fowls is down from last year, with the exception of those pricey imported French Hens, up %50. And with the price of gold soaring, those '5 Golden Rings' are up 42.9%!!!
It would be interesting to compare the US index inflation with the costs in other countries. If anyone has a non-US index link, please post a link...
12 days of discounts: Christmas's cost up a mere 1.8% - Nov. 30, 2009
Very interesting. With the price of an ounce of gold well into the 4 figures I'm quite shocked that such a small sample sized index is flat year over year. I guess we have geese and pears to be thankful for this holiday season.
Great article.
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I found a site that will show you just how much gold is worth in other countries between the years of 2004 to 2009. Here's a screenshot of the chart I found:
Source: http://www.goldprice.org/
Last edited by atomik_sprout; Nov 30, 2009 at 06:14 PM. Reason: Forgot to add source...
wierd. Although the price of a dollar is lowering, why not gold?
Crazy people don't know they're going crazy. They think they're getting saner.
Because the dollars worth and value is based on faith and commodity as its not backed by anything where as gold is, gold is a constant for the most part simply do to the fact that its worth is tangible. When the value of the dollar decreases the value of gold increases do to the fact that gold is worth a lot no matter what because its over all value is a constant for the most part. How ever, when the dollar is strengthen, then the value of gold decreases, this is do to the fact that the dollar is easier to obtain then gold and becomes a commodity.Originally Posted by POOHEAD189
Thats the easiest way for me to explain it.
"MY DEAR... I GIVE YOU THE CAPELLAN CONFEDERATION"AND THUS THE WAR WAS STARTED NOT BY GUN SHOT BUT BY WEDDING BELLS
No wonder i have been all kind of gold adds on tv about twice a day But I have to wonder if those golds price really works or if it is just another scam. I am a bit questionable becaue I have no gold to sale.. Nything can happen in the world of tv to make you buyin to the add..
Grumble Grumble Grumble
Found a site with a nice video presentation of the 12 Days of Christmas Price Index...
Christmas Price Index - PNC:
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