My take home pay has doubled but I can only buy 1/2 the gold.

agentjim007

I started my current job in 2000 and could buy X amount of gold with 1 check now I take home twice as much but can only buy half the amount with a check. So what does that tell me?

gsa1fan

Your $ is worth less

greghansen

That the gold you bought in 2000 is worth roughly 4X what you paid for it. I'm not crying crocodile tears at this end! Congratulations!

roadrunner

I started my current job in 2000 and could buy X amount of gold with 1 check now I take home twice as much but can only buy half the amount with a check. So what does that tell me?

That you should have become a $Cash4Gold for dealer back in 2000?

That sounds like some sort of "flation" going on here. But it "can't" be the "In" type because milk, computers, homes, cars, and the CPI/PPI are still cheap. But then commodities have roughly tripled in that time. ....a Bernanke conundrum. Let's go with the "De" type because homes and cars are the most important items. This gold thing must be just a freakish rogue wave that will be gone soon and no one buys commodities anyways....just traders. QED.

roadrunner

agentjim007

What makes you think I own any of the gold I bought in the cheap days?

cohodk

Congrats on doubling your earnings in the last decade!!!! Not many can say that.

jmski52

If I hadn't bought any gold or silver until now, I can tell you what I'd be doing next.

I would be making a budget that I could stick to, and then I'd commence to buy some at regular intervals according to my budget.

You can't control what gold & silver are going to do, but you can control your budget, usually, I think.

yellowkid

Depending on where you live, your purchasing power in the real estate market may have doubled in that time, perhaps better than that. what was the Seinfeld episode? You could be "even Stephen."

dontippet

<< <i>Congrats on doubling your earnings in the last decade!!!! Not many can say that. >>




That's exactly what I was thinking as well. I wish I was double. I am up about 39%.

renman95

<< <i>Congrats on doubling your earnings in the last decade!!!! Not many can say that. >>



Dis comrade's do Ok. I hab doubled earnings and started wot you Americans call Y2K in six fiGures. New country berry berry good to me....hahahahaha!

pf70collector

Well as of today, I bought my 2007. 130 MS ASE W Silver Eagles for a dollar over melt form the mint.(all unopened still) They were $21.95 originally. Silver is now where it was in March 08.



Correction these were 2007 ASEs.