Philly Jim

Gold Bullion Is Rising in All Currencies

Inflation is already here. I'm not sure exactly who is collecting the numbers for compiling of statistics in the U.S., but they surely aren't doing their jobs; that, or the numbers are being manipulated. I see inflation everywhere I shop. Items which once cost say $150.00, are now $215.00 - a nice jump in two years. It's my theory that the inflation numbers are being withheld in order to maintain low interest rates for borrowers in an extremely uncertain economic atmosphere. I wish these governments would let the market take over -- clear out the weak and let the strong come in and profit from it, and business will go about as usual. As long as this global economy is held up by paper pillars, gold will shine.