Monday, December 6, 2010

Where is inflation?

There is a huge ongoing debate of inflation versus deflation.

The question to ask is where do we see inflation. Do we experience it now?















The answer is below:
  • Oil is at $89 a barrel, up 21% in the last year.
  • Gold is trading at $1,413, up 23% in the last year.
  • Silver is trading at $30, up 66% in the last year.
  • Copper is trading at 4 per pound, up 26% in the last year.
  • Corn is trading at 573 a bushel, up 49% in the last year.
  • Soybeans are trading at 1,300 a bushel, up 23% in the last year.
  • Wheat is trading at 779 a bushel, up 41% in the last year.
  • Pork is trading at 104 a pound, up 23% in the last year.
  • Beef is trading at 106 a pound, up 28% in the last year.
  • Cotton is trading at 130 per pound, up 78% in the last year.
  • Sugar is trading at 29 per pound, up 32% in the last year.
  • Coffee is trading at 205 per pound, up 40% in the last year. 
If this is not inflation, what is it?
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About Me

An engineer by training graduated with B.Sc (hons) and MBA from Strathclyde university in Glasgow, Scotland. Started as an engineer in R&D for 3 years with Philips. Then, worked with DuPont for 13 years. Last job was VP, Marketing for Asia Pacific. Left to start a number of companies in various segments which include a large electronic distribution, a VoIP provider, an internet trading portal in Australia,and an executive training consultancy firm. Have listed companies in NYSE, Australia Stock Exchange, Singapore Stock Exchange Main Board. I was on the Board of Directors for 1 company listed in Thailand, 1 in Singapore and 1 in Australia. Was in the senior management of a company listed in NYSE. Still holding major share positions in the VoIP and Executive training companies. Both are private companies.

Disclaimer

These articles merely reflect the opinions of this author and are by no means a guarantee of future economic conditions, market or stock performance. Though the author strives to provide accurate and relevant data, he sometimes relies on external sources and cannot assure the reader of the accuracy of these external sources. Additionally, these articles are provided for INFORMATIONAL PURPOSES ONLY and are NOT MEANT to provide investment advice to anyone. For investment advice, please consult your professional adviser.