The price of gold was $900 when Obama took office? That’s why I think this is a speculative gold bubble. I know some say the dollar is falling in value, but has it lost more than half its buying power since Obama took office? That’s where the price of gold stands. Of course people who are speculating on gold rising further will do and say anything to keep the bubble going, especially if they bought in high, but commodity prices aren’t rising that fast.
img src=http://www.croplife.com/articles/image/2011-02/Ag_Commodity_Prices.jpg””height=218””width=285"></img
Please refer to accompanying graph;
You can see (according to this chart) that commodity prices certainly are rising as fast as gold, some faster. There is a time lag between producer/manufacturer transactions and when you see resultant price increases on store shelves mostly (I suspect) due to competitive pressures.
I'll bet you've noticed prices rising, package sizes shrinking.