Australia's largest stock trading and investment forum Australia's #1 stock forum

GOLD

Click for more information

0.51%

$1,391.7 gold futures

gold, page-105665

First 105665 Last

Share
Profile

Follow
Max5

10,608 Posts.

566

03/02/22

10:20

Post #: 59322186
Share

Originally posted by Infose: ↑

"his has been the central banks path since 1998 when the RBA lobbied the Statistics Bureau to have property removed from the CPI calculation. The FED in the US did the same that year and I’m sure other central banks did the same. Their goal, capital expansion through the banks which has been massive and was always going to create high inflation, but it never shows up."

A cocksure guy says an absurdity (something so offensive that even a deaf person would object) and the cocksure audience applauds.

Imagine the typical Australian house wife putting the purchase of property in her shopping list for the week. Laughable. And the sad thing is that the education of these people was paid by the rest of us. After years and years of education the distinction between CONSUMPTION and INVESTMENT has not yet entered into their minds. I, for one, want my money back

Expand

So by extension you assert the cost of putting a roof over ones head is 'investment' rather 'consumption' and not a factor to be taken into account in consumer prices ?
Really ?
3 Upvote

0 Great analysis

Reply

Top Stories

1CG

One Click Group jumps 4% after ending quarter with $2.4M in cash; $1M in revenue and 150K+ users on board

MGU

New results confirm Buena Vista's iron grades potential

Trimmed CPI figure provokes market jump of 1%, but inflation pressures remain a reality

MRC

Mineral Commodities to shut down Tormin mineral sands project as oil spill contaminates beach

KOB

Koba, formerly a cobalt player, gears up to become newest explorer in the uranium state: South Australia

There are more pages in this discussion • 22,795 more messages in this thread...

First 105665 Last

Add GOLD (COMEX) to my watchlist