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  • Gold Hits $2023 (all time high?)

    From Paul Popinjay@21:1/5 to All on Tue Apr 4 08:08:28 2023
    I think that's all-time high.

    Silver at $25.

    Like I said before, THE DOLLAR IS DONE.

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  • From Tim Norfolk@21:1/5 to Paul Popinjay on Tue Apr 4 08:51:29 2023
    On Tuesday, April 4, 2023 at 11:08:32 AM UTC-4, Paul Popinjay wrote:
    I think that's all-time high.

    Silver at $25.

    Like I said before, THE DOLLAR IS DONE.

    According to this chart, gold was over $2,500 in February 1980, which would be something like $10,000 with inflation.

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  • From Paul Popinjay@21:1/5 to Tim Norfolk on Tue Apr 4 09:30:40 2023
    On Tuesday, April 4, 2023 at 8:51:33 AM UTC-7, Tim Norfolk wrote:

    According to this chart, gold was over $2,500 in February 1980, which would be something like $10,000 with inflation.


    I think you are wrong here. Double check yourself.

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  • From Paul Popinjay@21:1/5 to Paul Popinjay on Tue Apr 4 09:35:33 2023
    On Tuesday, April 4, 2023 at 9:30:44 AM UTC-7, Paul Popinjay wrote:
    On Tuesday, April 4, 2023 at 8:51:33 AM UTC-7, Tim Norfolk wrote:

    According to this chart, gold was over $2,500 in February 1980, which would be something like $10,000 with inflation.
    I think you are wrong here. Double check yourself.


    $2028 and $25.10
    Dollar Index 101.61

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  • From Tim Norfolk@21:1/5 to Paul Popinjay on Tue Apr 4 12:13:48 2023
    On Tuesday, April 4, 2023 at 12:30:44 PM UTC-4, Paul Popinjay wrote:
    On Tuesday, April 4, 2023 at 8:51:33 AM UTC-7, Tim Norfolk wrote:

    According to this chart, gold was over $2,500 in February 1980, which would be something like $10,000 with inflation.
    I think you are wrong here. Double check yourself.

    Sorry, I forgot to include the link: https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart

    --- SoupGate-Win32 v1.05
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  • From Tim Norfolk@21:1/5 to Tim Norfolk on Tue Apr 4 12:17:45 2023
    On Tuesday, April 4, 2023 at 3:13:51 PM UTC-4, Tim Norfolk wrote:
    On Tuesday, April 4, 2023 at 12:30:44 PM UTC-4, Paul Popinjay wrote:
    On Tuesday, April 4, 2023 at 8:51:33 AM UTC-7, Tim Norfolk wrote:

    According to this chart, gold was over $2,500 in February 1980, which would be something like $10,000 with inflation.
    I think you are wrong here. Double check yourself.
    Sorry, I forgot to include the link: https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart

    Reading it again, it appears that those figures are inflation-adjusted.

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  • From BillB@21:1/5 to Tim Norfolk on Tue Apr 4 12:18:35 2023
    On Tuesday, April 4, 2023 at 12:13:51 PM UTC-7, Tim Norfolk wrote:
    On Tuesday, April 4, 2023 at 12:30:44 PM UTC-4, Paul Popinjay wrote:
    On Tuesday, April 4, 2023 at 8:51:33 AM UTC-7, Tim Norfolk wrote:

    According to this chart, gold was over $2,500 in February 1980, which would be something like $10,000 with inflation.
    I think you are wrong here. Double check yourself.
    Sorry, I forgot to include the link: https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart

    That chart is already inflation adjusted.

    --- SoupGate-Win32 v1.05
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  • From Tim Norfolk@21:1/5 to BillB on Tue Apr 4 13:16:25 2023
    On Tuesday, April 4, 2023 at 3:18:38 PM UTC-4, BillB wrote:
    On Tuesday, April 4, 2023 at 12:13:51 PM UTC-7, Tim Norfolk wrote:
    On Tuesday, April 4, 2023 at 12:30:44 PM UTC-4, Paul Popinjay wrote:
    On Tuesday, April 4, 2023 at 8:51:33 AM UTC-7, Tim Norfolk wrote:

    According to this chart, gold was over $2,500 in February 1980, which would be something like $10,000 with inflation.
    I think you are wrong here. Double check yourself.
    Sorry, I forgot to include the link: https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart
    That chart is already inflation adjusted.

    Which I posted earlier.

    --- SoupGate-Win32 v1.05
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  • From BillB@21:1/5 to Tim Norfolk on Tue Apr 4 16:25:22 2023
    On Tuesday, April 4, 2023 at 1:16:28 PM UTC-7, Tim Norfolk wrote:
    On Tuesday, April 4, 2023 at 3:18:38 PM UTC-4, BillB wrote:
    On Tuesday, April 4, 2023 at 12:13:51 PM UTC-7, Tim Norfolk wrote:
    On Tuesday, April 4, 2023 at 12:30:44 PM UTC-4, Paul Popinjay wrote:
    On Tuesday, April 4, 2023 at 8:51:33 AM UTC-7, Tim Norfolk wrote:

    According to this chart, gold was over $2,500 in February 1980, which would be something like $10,000 with inflation.
    I think you are wrong here. Double check yourself.
    Sorry, I forgot to include the link: https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart
    That chart is already inflation adjusted.

    Which I posted earlier.

    We actually posted at about the same, but really, you should have known the nominal price of gold was never anywhere near $2500 in 1980.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tim Norfolk@21:1/5 to BillB on Tue Apr 4 18:17:40 2023
    On Tuesday, April 4, 2023 at 7:25:25 PM UTC-4, BillB wrote:
    On Tuesday, April 4, 2023 at 1:16:28 PM UTC-7, Tim Norfolk wrote:
    On Tuesday, April 4, 2023 at 3:18:38 PM UTC-4, BillB wrote:
    On Tuesday, April 4, 2023 at 12:13:51 PM UTC-7, Tim Norfolk wrote:
    On Tuesday, April 4, 2023 at 12:30:44 PM UTC-4, Paul Popinjay wrote:
    On Tuesday, April 4, 2023 at 8:51:33 AM UTC-7, Tim Norfolk wrote:

    According to this chart, gold was over $2,500 in February 1980, which would be something like $10,000 with inflation.
    I think you are wrong here. Double check yourself.
    Sorry, I forgot to include the link: https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart
    That chart is already inflation adjusted.

    Which I posted earlier.
    We actually posted at about the same, but really, you should have known the nominal price of gold was never anywhere near $2500 in 1980.

    That's why I was a little surprised. However, I don't buy the standard measure of inflation.

    --- SoupGate-Win32 v1.05
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  • From jack roth@21:1/5 to Tim Norfolk on Tue Apr 4 19:09:39 2023
    On Tuesday, April 4, 2023 at 6:17:44 PM UTC-7, Tim Norfolk wrote:
    That's why I was a little surprised. However, I don't buy the standard measure of inflation.

    1. How could you buy it when the Fed changes the inflation formula any time it suits their needs.
    2. the price of frozen lasagna is how you measure inflation. Cliff note: It's gone up a lot in the last year.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tim Norfolk@21:1/5 to jack roth on Tue Apr 4 19:23:06 2023
    On Tuesday, April 4, 2023 at 10:09:42 PM UTC-4, jack roth wrote:
    On Tuesday, April 4, 2023 at 6:17:44 PM UTC-7, Tim Norfolk wrote:
    That's why I was a little surprised. However, I don't buy the standard measure of inflation.
    1. How could you buy it when the Fed changes the inflation formula any time it suits their needs.
    2. the price of frozen lasagna is how you measure inflation. Cliff note: It's gone up a lot in the last year.

    Bread, eggs, even gasoline.

    --- SoupGate-Win32 v1.05
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  • From Paul Popinjay@21:1/5 to jack roth on Tue Apr 4 19:37:34 2023
    On Tuesday, April 4, 2023 at 7:09:42 PM UTC-7, jack roth wrote:
    On Tuesday, April 4, 2023 at 6:17:44 PM UTC-7, Tim Norfolk wrote:
    That's why I was a little surprised. However, I don't buy the standard measure of inflation.
    1. How could you buy it when the Fed changes the inflation formula any time it suits their needs.
    2. the price of frozen lasagna is how you measure inflation. Cliff note: It's gone up a lot in the last year.


    I stopped at Panda Express today. A bowl of Kung Pao Chicken and small root beer. Over $11.

    --- SoupGate-Win32 v1.05
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  • From BillB@21:1/5 to Paul Popinjay on Tue Apr 4 20:07:15 2023
    On Tuesday, April 4, 2023 at 7:37:38 PM UTC-7, Paul Popinjay wrote:
    On Tuesday, April 4, 2023 at 7:09:42 PM UTC-7, jack roth wrote:
    On Tuesday, April 4, 2023 at 6:17:44 PM UTC-7, Tim Norfolk wrote:
    That's why I was a little surprised. However, I don't buy the standard measure of inflation.
    1. How could you buy it when the Fed changes the inflation formula any time it suits their needs.
    2. the price of frozen lasagna is how you measure inflation. Cliff note: It's gone up a lot in the last year.
    I stopped at Panda Express today. A bowl of Kung Pao Chicken and small root beer. Over $11.

    970mg of sodium in only 280 calories? WTF? Are you actually *trying* to kill yourself? That's even worse than riskytard's soyboy burgers.

    --- SoupGate-Win32 v1.05
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  • From Tim Norfolk@21:1/5 to Paul Popinjay on Tue Apr 4 20:10:30 2023
    On Tuesday, April 4, 2023 at 10:37:38 PM UTC-4, Paul Popinjay wrote:
    On Tuesday, April 4, 2023 at 7:09:42 PM UTC-7, jack roth wrote:
    On Tuesday, April 4, 2023 at 6:17:44 PM UTC-7, Tim Norfolk wrote:
    That's why I was a little surprised. However, I don't buy the standard measure of inflation.
    1. How could you buy it when the Fed changes the inflation formula any time it suits their needs.
    2. the price of frozen lasagna is how you measure inflation. Cliff note: It's gone up a lot in the last year.
    I stopped at Panda Express today. A bowl of Kung Pao Chicken and small root beer. Over $11.

    Can't stand root beer. It smells like Germolene, a brand of antiseptic from when I was a kid. https://en.wikipedia.org/wiki/Germolene

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