what you cannot see(now)

Hi,

Let me share with uyou more than one view..Let me tell you what is goiung on JUST NOW.

I have a company , a sholesale company and we work with about 1,200 items.

Probably 99% direct or indirect come from China ou south east Asia.

We supply from restaurants,hotels, cleanners and so on..

100% of our suppliers(national or overseas) increased their prices between 7 to 20% os answer of the currency exchange rate.,

That is happening just now.. while people talk about "no inflation)

Of course..
What you see now is refer what happen in past..,.

But what is going now is an important increase of prices in all chain of industry.

basically have no industry that is not linked to IMPORT costs.Even several internal increase of costs(like electricity and several others coming from Carbon tax was held to 1/7 price list increase...on top previous CPI)

Meaning..

If you believe GOLD reacts according with inflation rates(I believe will react independnt of that also) than you can bet.,.. t
>> The inflation is here and in just few days you will see all supply chain receive important increase of costs...

Just this week I have 5 important customers to visit and give to them the "new price list".

Nobody can expect the aussie dollar drops from 1.06 to 0.90 and all price lists became like it is..



Cato