Actually, it is happening as you type. Bought any houses lately?
Anyways, keeping in mind that many Euro countries are manipulating their currency downward is a frantic effort to prop up their jobs as well, while the U.S. pushes the other way at times. Hence, you need to look to other measures that have been less subjected to governmental manipulation ( U.S. interest rates, for example ) to gain a better sense of the relative vectors of change over time.
As you know from previous discussion, I am a gold skeptic, rather than a gold bug, as it declined from the high of like $830 an ounce in a speculative burst in 1980. But the last five years have been pretty telling.
ForGold:
For Platinum:
For silver:
Okay, now all commodity prices can be subject to individual variables such as supply, like foreign disruptions in mining, or demand, speculative bubbles. Etc. But check out the ongoing inflation in the value of U.S. farmland Todd...this despite the anemia of US agricultural farm income
Or of Dollar Decline against more stable currencies.
Canada's for example:
Spin, Todd, Spin.