Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

bucolic_frolic

(52,761 posts)
Thu Sep 18, 2025, 07:41 AM Sep 18

For those unconvinced about inflation, gold is up 39% since January

Now at $3700.00 an ounce. Silver very similar percentage move.

12 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
For those unconvinced about inflation, gold is up 39% since January (Original Post) bucolic_frolic Sep 18 OP
Other major currencies up vs dollar too WSHazel Sep 18 #1
Krasnov wanted the drop in interest rates for one reason gab13by13 Sep 18 #3
U.S. Dollar. And oil since someone brought up energy prices progree Sep 18 #7
What is keeping inflation from going higher gab13by13 Sep 18 #2
Fuel efficiency is keeping oil prices down WSHazel Sep 18 #9
I'm plenty convinced progree Sep 18 #4
I remember when Time Magazine's front cover in 1979 or 80 announced no_hypocrisy Sep 18 #5
I'm convinced Coldwater Sep 18 #6
Beware................. Lovie777 Sep 18 #8
Quit Buying OC375 Sep 18 #10
I've learned, never buy and sell gold and silver from a dealer. multigraincracker Sep 18 #11
Dealers run a business that runs on money. They have to pay their bank line of credit. bucolic_frolic Sep 18 #12

WSHazel

(597 posts)
1. Other major currencies up vs dollar too
Thu Sep 18, 2025, 07:44 AM
Sep 18

Euro and Yen, even CAD$

Stocks are an inflation hedge of sorts, so even though investors might feel risk averse, they are buying stocks because cash is higher risk than normal in an inflationary environment.

gab13by13

(30,053 posts)
3. Krasnov wanted the drop in interest rates for one reason
Thu Sep 18, 2025, 07:50 AM
Sep 18

and one reason only, to devalue the dollar and boost Crypto. Krasnov doesn't give a shit about improving the economy for unwashed Americans, he only cares about what benefits him. Krasnov has made billions of dollars in Crypto since becoming dear leader.

progree

(12,423 posts)
7. U.S. Dollar. And oil since someone brought up energy prices
Thu Sep 18, 2025, 07:59 AM
Sep 18
Dollar, and Oil, (last 6 months) - they update a few hours (like about 6 hours) after the close


US Dollar Index (DX-Y.NYB)


Crude Oil

gab13by13

(30,053 posts)
2. What is keeping inflation from going higher
Thu Sep 18, 2025, 07:47 AM
Sep 18

is that the price of gasoline has remained relatively low over Krasnov's 2nd reign. Maybe Krasnov's fossil fuel pals are keeping the price down for him? Yeah, I know all about how gas prices are determined, and I heard about the invisible hand of the market and supply and demand, and I also know about crony capitalism, when is Krasnov going to bail out big farmers?

WSHazel

(597 posts)
9. Fuel efficiency is keeping oil prices down
Thu Sep 18, 2025, 08:19 AM
Sep 18

As the rest of the world rapidly converts to electric vehicles, demand for oil drops. OPEC is concerned that the demand will continue to drop, so it pumps more oil now rather than saving it for later, further driving oil prices down.

Green energy saves money. Something that MAGA just can’t wrap its collective little brains around.

progree

(12,423 posts)
4. I'm plenty convinced
Thu Sep 18, 2025, 07:51 AM
Sep 18

The CPI rise averaged 3.5% over the past 3 months (June, July, August) on an annualized basis (core CPI: 3.6%)
The August one month increase annualized is: CPI: 4.7%, (core CPI: 4.2%)



More from where the graphs came from: https://www.democraticunderground.com/10143528031#post12

Yes Virginia, we have a rising inflation problem. It's not May anymore.

Coldwater

(380 posts)
6. I'm convinced
Thu Sep 18, 2025, 07:57 AM
Sep 18

And I don't need charts and graphs to prove inflation is on the rise. I just need to go shopping at the grocery store and stare in disbelief at my electric bill.

Lovie777

(20,674 posts)
8. Beware.................
Thu Sep 18, 2025, 08:18 AM
Sep 18

the holiday season gonna suck....................

Every year the GQP claimed that Liberals/Democrats hate Christmas..............

but shithole and comrades said little girls only need 1 doll, etc..........

it's already happening, the holiday season will suck because of the extremely high cost.........

Besides the eggs being too high.

OC375

(298 posts)
10. Quit Buying
Thu Sep 18, 2025, 09:11 AM
Sep 18

Beyond groceries and bills, we just quit. We stopped replacing things that break that we don’t need - extra TVs, fashionable clothes, electronics… There’s less juice with each progressively more expensive squeeze.

multigraincracker

(36,475 posts)
11. I've learned, never buy and sell gold and silver from a dealer.
Thu Sep 18, 2025, 09:50 AM
Sep 18

They discount buying it by at least 20%. Same, or even worse selling it. Better off investing in funds based on it.

bucolic_frolic

(52,761 posts)
12. Dealers run a business that runs on money. They have to pay their bank line of credit.
Thu Sep 18, 2025, 10:15 AM
Sep 18

When the market nears a peak they stop buying because they have no credit remaining, and have to cover losses on what they just bought, and that on credit.

So yes, impossible to time the market well.

Latest Discussions»Culture Forums»Personal Finance and Investing»For those unconvinced abo...