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Rising cost of living
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Old 11-08-2022, 17:14   #301
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Re: Rising cost of living

Quote:
Originally Posted by Jaymoss View Post

There are only a few months in it as the graph clearly shows. So if Paul was to say 3 1/2 years ago he would have been absolutely correct as that is when the prices started to rise rapidly. So you are simply arguing for the sake of it Andrew

[/COLOR]In fact any date before 14th May 2019 he is correct so you arguing over less than 3 months out
I'm sorry that you think I'm arguing for the sake of it, I just politely asked for a source as Dave's two links had shown 17%/18% and not 40%.

I don't think that's an unreasonable request to make but as Julian rightly says, "most people can't afford gold to invest so won't affect the vast majority as part of the thread title".

Last edited by 1andrew1; 11-08-2022 at 17:35.
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Old 11-08-2022, 17:35   #302
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Re: Rising cost of living

The supermarkets are rightly being accused of not passing on the reduced cost of petrol/diesel.

LINKAGE

Both supermarkets locally are more expensive than small Texaco stations nearby by 3p - 4p a litre.
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Old 11-08-2022, 18:09   #303
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Re: Rising cost of living

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Originally Posted by 1andrew1 View Post
I'm sorry that you think I'm arguing for the sake of it, I just politely asked for a source as Dave's two links had shown 17%/18% and not 40%.

I don't think that's an unreasonable request to make but as Julian rightly says, "most people can't afford gold to invest so won't affect the vast majority as part of the thread title".
But the figures I shown were almost 40% increase 31K to 47K is more than 18%

May 2019 and for a while before steady between 30 and 33K now 47K so it is now according to the google search of 33 to 47 percent change the answer it gave me was 42% so in 3 years and 3 months the price of gold has risen 42%

---------- Post added at 18:09 ---------- Previous post was at 18:03 ----------

and here is the maths to prove it https://coolconversion.com/math/perc...percent-change

Last edited by Jaymoss; 11-08-2022 at 18:08.
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Old 11-08-2022, 19:07   #304
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Re: Rising cost of living

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Originally Posted by daveeb View Post
In addition to the previous link provided this one confirms 17-18% rise in the last 3 years. Taken straight from the internet.
https://www.bullionbypost.co.uk/gold...ar-gold-price/
In April 2019 it was 970, in April 2022, it was 1525. Thats 57% in 3 years, even better than 40%.
If you bought in Sep 2018, and sold it now (3.9 years) you would have got a whopping 61%.
So fine, go with 3.9 years and 61%, since you want to be super pedantic over a few months.

Quote:
Originally Posted by 1andrew1 View Post
You sure you're not quoting from a day time TV advert? The figures that Dave cites seem closer to the mark.
Dont try and be clever Andrew, you just arent.
You didnt bother to check at all, so you're in no position to try suggest you had any clue.
You would have had to be super "unlucky" to get "only" 18% in the last 3 years (and even if you did, thats still a great return on 36 months).
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Old 11-08-2022, 20:19   #305
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Re: Rising cost of living

Quote:
Originally Posted by Paul View Post
In April 2019 it was 970, in April 2022, it was 1525. Thats 57% in 3 years, even better than 40%.
If you bought in Sep 2018, and sold it now (3.9 years) you would have got a whopping 61%.
So fine, go with 3.9 years and 61%, since you want to be super pedantic over a few months.

Dont try and be clever Andrew, you just arent.
You didnt bother to check at all, so you're in no position to try suggest you had any clue.
You would have had to be super "unlucky" to get "only" 18% in the last 3 years (and even if you did, thats still a great return on 36 months).
I don't know why this thing has gone down the rabbit hole it has, all I ever wanted was a link to the data you were using. I blame the weather.
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Old 11-08-2022, 20:33   #306
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Re: Rising cost of living

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Originally Posted by 1andrew1 View Post
I don't know why this thing has gone down the rabbit hole it has, all I ever wanted was a link to the data you were using. I blame the weather.
Don't know why the three year thing is the issue, we didn't have it to sell three years ago
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