Wednesday, February 16, 2011

Inflation in Wonderland is 2%

As seen in The International Forecaster.

Percentage of Price Increase in just the last 6 months:
Source: www.indexmundi.com/

- Sugar +81%
- Rice +12%
- Wheat +67%
- Soybeans +37%
- Coffee +28%
- Barley +25%
- Beef +28%
- Chicken -3%
- Salmon +7%
- Crude Oil +24%
- Natural Gas - 2%
- Coal +38%
- Cotton +131%
- Coarse Wool +30%
- Fine Wool +69%
- Gold +13%
- Silver +59%
- Copper +41%
- Aluminum +22%
- Zinc +29%
- Nickel +31%
- Lead +41%
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They say these prices take 6-12 months to work themselves into the real economy. Maybe it's time to adjust our retirement plans?   BK