The REAL Reason Gold is Escalating in Price

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Posted by Lorimer Wilson

 

When someone points to the Fed, the U.S. government and its “central planning” or “money printing” as the primary cause of the surge in the price of gold and justification of their USA hyperinflation theory, you might do them a favor and let them know that they’re right about the flaws of central planning and excessive money printing but that they’re focusing on the wrong central bank. Let me explain why that is the case and who the real “culprit” is.

USA Inflation vs. Gold Price

Since the early 1970s US inflation and gold prices have maintained a fairly high correlation [see Figure 1 below]

(Click charts to enlarge)

(Figure 1)

but there has been a notable divergence over the last 10 years [as] is shown more clearly in Figure 2 [below], where we clearly see that gold prices have soared nearly every year during a period of stagnant economic growth in the USA that has generally been characterized by low inflation…. (please go here to continue reading this enlightening article.)

Daily Mail (London) November 13, 2003 Byline: ALICE SMELLIE IT’S almost time to get out the party wear again – but the Christmas season brings with it a whole range of dressing dilemmas. Anyone worried about wobbly arms will be dreading the spaghetti-strap staples, and those with a bulging tummy will want to cover it up with tasteful tailoring.

There’s also the question of choosing the right outfit for each event, from the office party to your children’s carol concert.

They say: ‘Enjoying a party is as much about feeling smug in the knowledge that you look divine as it is about who you hang out with and how much alcohol is consumed. The key is to focus on the type of event.

‘Stick to what suits your shape and consider how smart you want to be. If you want to stand out, overdress a bit. This doesn’t mean raiding the children’s dressing-up box; we’re thinking more about glamour than fancy dress. Here are our guidelines for a formal affair . . .’ DON’T DO THIS…

* IF YOU buy just one evening dress a year, choosing velvet will allow only a winter outing.

* A FEATHER boa should be kept for the cast of Moulin Rouge, or fancy dress.

* LONG black satin gloves show that you either have a problem with nail-biting, or you live in another era.

What it says about you: I’m a show-off who will blast your eardrums and empty the dance floor with my over-the-top antics.

DO THIS…

* SATIN is one of the most luxurious, sexy fabrics.

* A JACKET brings glamour to a simple dress and makes it adaptable. If you arrive and find everyone is casual, whisk it off.

* SHOES are simple. With an evening dress, they should be seen but not heard.

What it says about you: I don’t need to show off my boobs and legs to look sexy. I know an understated number is much more intriguing.

What Not To Wear Part 2 by Trinny Woodall and Susannah Constantine (Weidenfeld & Nicolson, [pounds sterling]14.99).

YOUR DILEMMAS ANSWERED Dear Trinny and Susannah, My seasonal dilemmas are threefold. One, I hate black. go to site dress long black

Two, all party clothes seem to be slinky – I’m 56 and only five foot tall, with a bit of a tummy.

And three (the most serious), I have a scar across the top of my chest, and I find it harrowing trying to find a dress which suits me and which isn’t low-cut.

Susan Morling, Stanmore, Middlesex.

GO FOR chocolate brown or, for a more seasonal look, burgundy – Monsoon has some great dresses this season in that colour. There are also some wonderful sea greens around.

For your tummy, you need to get some magic knickers – Marks & Spencer do some brilliant ones which hold you in but expand as you eat; get the cycling shorts shape for total control. Layering is probably the way forward to conceal your scars. Try to find a chiffon or satin top which you can wear over your dress, and wear a drop necklace over that.

Just because you are small, don’t rule out wearing evening trousers, which can look lovely.

Wear them long and with very high heels, with the hem just touching the floor to elongate your legs.

Dear Trinny and Susannah, My friend and I are going to a Christmas Ball and want to look sassy and sexy. I am 51, and my friend, Lorraine, is 41. I have vitiligo on my arms and legs, so I shy away from sleeveless dresses.

We are also both a little overweight.

Lorraine would like to wear trousers rather than a dress.

Elena and Lorraine, Romford. go to web site dress long black

WE THINK Lorraine would look brilliant in a trouser suit with a tuxedo.

Keep it simple. If your boobs aren’t too big, you could wear a corset under the jacket, and a choker. Wear high heels, making sure that the hem of the trousers reaches the floor, and team them up with fishnet popsocks, to cover up winter feet.

Elena could try a long, fishtail skirt from Monsoon, which are quite tight but very sexy. Wear it with a pretty cardigan or longsleeved top. Find some matching cuff bracelets to keep the whole look light, clean and in one colour.

Dear Trinny and Susannah, I’m 32 and have spent the past year running a teashop. My uniform is a pair of black tapered trousers, a black V-necked T-shirt or cardigan and a pair of black patent loafers.

I’m desperate to look more attractive to customers.

Georgie Wayper, Nunnington.

ANYTHING would look better than your current ensemble, even if you have the figure of Cindy Crawford. You simply aren’t doing yourself any favours. We think a pair of really fab boot-cut jeans are the way forward. Wear them with a plain white T-shirt while you are in the kitchen, and buy a little tailored jacket to wear when you are serving in the teashop.

Alternatively, Jigsaw do some stunning fine wool tailored trousers in brown, or very straight classic tapered trousers, which would look perfect with a fine wool sweater – again from Jigsaw, and with a white T-shirt underneath.

Try to find a good pair of flat brown boots. We love the long jodphur style boots from Hobbs.

You don’t want to look as though you are trying too hard, but simple fitted clothes would be a vast improvement.

* DO YOU have a Christmas dressing dilemma? Write to Trinny and Susannah for their expert guidance. All those featured will receive a copy of Trinny and Susannah’s The Rules ([pounds sterling]19.99 on DVD or [pounds sterling]14.99 VHS), which reveals the secrets of dressing well.

INTERVIEWS BY ALICE SMELLIE

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