Prices.... Going Up!!!

[OnTheBlitz]

Sweet, also the rest of us thinking grownups overseas as well knew it wasn't a smart Idea. Never listen to governments or "experts" I always tell people.

Never did like the use of "expert" or "guru". Especially when being introduced to a customer or potential customer by inside sales reps "this is "Blitz", our "motion control/servo expert". Sounds frigging lame and makes one cringe!

 

[NH-MAN]

Never did like the use of "expert" or "guru". Especially when being introduced to a customer or potential customer by inside sales reps "this is "Blitz", our "motion control/servo expert". Sounds frigging lame and makes one cringe!

Just like the all the "experts" on tv or put forth to us in the news = our best salesman.

The real experts we all know, wherever one has worked, is the guy over there doing his job the experts at work don't listen to but everyone at works knows he or she is really the expert.

 

[ernieb1536]

In the USA prices are rising ... but so is American consumer confidence?

The University of Michigan monthly Consumer Sentiment Survey for the US increased to a five-month high of 59.5 in September of 2022 from 58.2 in August, compared to market forecasts of 60, preliminary estimates showed. Both current conditions (58.9 vs 58.6) and expectations (59.9 vs 58) improved. With continued declines in energy prices, the median expected year-ahead inflation rate declined to 4.6%, the lowest reading since last September, from 4.8% in August. At 2.8%, median long run inflation expectations fell below the 2.9-3.1% range for the first time since July 2021. Said the survey's director, Joanne Hsu: "...it is unclear if these improvements will persist, as consumers continued to exhibit substantial uncertainty over the future trajectory of prices. Uncertainty over short-run inflation reached levels last seen in 1982, and uncertainty over long run inflation rose from 3.9 to 4.5, well above the 3.4 level seen last September".

Source: University Of Michingan at Ann Arbor[/QUOTE

Ignorance is bliss?

i will delete my comment in advanced to save time ! Lol

 

[Mystic]

UP: Oil. Gold. Food.
DOWN: Stock Indices / Bourses
DOWN: U.S. Treasury's 10-Year Bonds

This morning (Wednesday 21 September), the yield on the US 10-year Treasury note, which sets the tone for corporate and household borrowing costs worldwide, declined to 3.52%, one day after it had reached 3.6%, a 12-year high, on Tuesday 20 September. Simultaneously the costs of oil, gold (yeah... people still run to it) and many foodstuffs are rising as I type.

Investors seek a safe haven from certain events, e.g., the threat of a real war. These ups and downs follow closely on the heels of today's announcement that a certain military is now advancing to mobilization stage.

Reason enough to ditch plopping capital into superfluousities and redirect it to liquid and genuine gold. And food.

 

[OnTheBlitz]

UP: Oil. Gold. Food.
DOWN: Stock Indices / Bourses
DOWN: U.S. Treasury's 10-Year Bonds

This morning (Wednesday 21 September), the yield on the US 10-year Treasury note, which sets the tone for corporate and household borrowing costs worldwide, declined to 3.52%, one day after it had reached 3.6%, a 12-year high, on Tuesday 20 September. Simultaneously the costs of oil, gold (yeah... people still run to it) and many foodstuffs are rising as I type.

Investors seek a safe haven from certain events, e.g., the threat of a real war. These ups and downs follow closely on the heels of today's announcement that a certain military is now advancing to mobilization stage.

Reason enough to ditch plopping capital into superfluousities and redirect it to liquid and genuine gold. And food.

 

[chicks]

 

[spicer]

UP: Oil. Gold. Food.
DOWN: Stock Indices / Bourses
DOWN: U.S. Treasury's 10-Year Bonds

This morning (Wednesday 21 September), the yield on the US 10-year Treasury note, which sets the tone for corporate and household borrowing costs worldwide, declined to 3.52%, one day after it had reached 3.6%, a 12-year high, on Tuesday 20 September. Simultaneously the costs of oil, gold (yeah... people still run to it) and many foodstuffs are rising as I type.

Investors seek a safe haven from certain events, e.g., the threat of a real war. These ups and downs follow closely on the heels of today's announcement that a certain military is now advancing to mobilization stage.

Reason enough to ditch plopping capital into superfluousities and redirect it to liquid and genuine gold. And food.

The announcement ended with a single sentence. This is not a bluff. I'll stop now.

 

[zebra03]

Wasn't there a song with the lyrics "When the walls come tumbling down"?

Till The Walls Come Tumblin' Down - YouTube

 

[Mystic]

Record Producer Price Inflation hits Germany, 45.8%

https://tradingeconomics.com/germany/producer-prices-change

"Energy prices remained the biggest upward contributor (139.0% vs 105.0% in July), namely the distribution of natural gas (209.4%) and electricity (174.9%)"

The Germans when they were cautioned about abandoning conventional sources of fossil fuel energy in favor of predominantly Russian natural gas:

View attachment 2669070

Smugness ... rewarded accordingly.

 

[Mystic]

When - if ever -- this is all over, the 401(k) is gonna be renamed the 201(k).

Sheesh.

 

[Bill Ferris]

When - if ever -- this is all over, the 401(k) is gonna be renamed the 201(k).

Sheesh.

There`s an expiration date on this mess ?!

 

[Jeffery]

Europe's on the brink of an energy crisis this winter. Solution? Shut down operational nuclear power plants.

https://www.brusselstimes.com/belgi...onfirmed-for-friday-despite-politicians-pleas

 

[ernieb1536]

There`s an expiration date on this mess ?!

I gave the the date but deleted in advance to save time !

 

[rickb119]

There`s an expiration date on this mess ?!

The apocalypse?

 

[spicer]

There`s an expiration date on this mess ?!

Of course. Depends on who one listens to and their orientation on the mess but yes, there is an expiration date, both sides chronicle with different outcomes, one tentative, the other absolute. Despite apparent differences among the ranks of each there are only two sides.

 

[Bill Ferris]

Ok, I`ll take your word spicer, since I get/find out about any and all news information via A/K posts, and my housekeeper/caregiver, plus my B-I-L over Sat/Sun morning coffee.
No other outside TV, radio, internet (except NOAH for weather), or radio source`s news inter my house/life, by my choice !

 

[spicer]

Ok, I`ll take your word spicer, since I get/find out about any and all news information via A/K posts, and my housekeeper/caregiver, plus my B-I-L over Sat/Sun morning coffee.
No other outside TV, radio, internet (except NOAH for weather), or radio source`s news inter my house/life, by my choice !

Take care Bill. Always love your posts. I didn't have a TV for thirty five years, a conscious decision, started reading books, researching whatever might be curious, unexamined opinions needing understanding, etc. Catching a glance at TV was like extreme culture shock, one easily measured. Best thing I ever did.

 

[Bill Ferris]

Take care Bill. Always love your posts. I didn't have a TV for thirty five years, a conscious decision, started reading books, researching whatever might be curious, unexamined opinions needing understanding, etc. Catching a glance at TV was like extreme culture shock, one easily measured. Best thing I ever did.

, , and thank you for the generous compliment, Sir.
I have multiple flat screen TVs in my house, just only my BRs and DVD movies, and select TV series sourced images/sounds feed them..

 

[invaderzim]

View attachment 2669722

The price spike also lines up with a huge drop in domestic production.

 

[zebra03]

Wholesale prices of ULSD dropped quite a bit this month.