Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Kaslin
Rule of Thumb: When a commodity's price is rising, it keeps rising until it stops.

Another Rule of Thumb:The same theory is at work when the price is falling.

Final Rule of Thumb: Getting rich is easy if you learn how to predict when there will be a change of direction.

;-)

2 posted on 01/01/2013 10:56:53 AM PST by Tau Food (Never give a sword to a man who can't dance.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Tau Food

I like the rules of thumb; one thing I don;t like in how the media reports anything going up in price is how more often than not it is an indication of the US dollar FALLING. When the dollar falls, everything (gold, gasoline, stocks, groceries) goes up in price. This is exactly what has happened since Obama’s election in 2008 (and subsequent spending spree), and it has been downplayed/concealed by the media.

Everyone is concerned about smaller paychecks due to higher taxes; they’ve already been getting smaller paychecks due to higher costs of everything.


5 posted on 01/01/2013 11:08:01 AM PST by kearnyirish2 (Affirmative action is economic war against white males (and therefore white families).)
[ Post Reply | Private Reply | To 2 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson