Gold Beef And A Men's Suit

An old measure of our dollar is to compare the prices of three commonly purchased items;
Gold, Beef and a Men's Suit.

Gold is trading @ $948.00 an ounce.

With the draught conditions increasing in Texas - the Abilene Auction is selling cattle @ $841.00 a head.

And a basic Armani suit can be ordered online for $899.00

It appears that the cattle is at the low end of the three items at about $850.00.

But if worse came to worse - which would you like to own?

It's not that prices have gotten out of hand - the problem is inflation and the lack of buying power for the US Dollar.

See what your money would be worth today;

http://data.bls.gov/cgi-bin/cpicalc.pl

With the stock market closing at two thirds of it's all time high (9321 (today) - 14164 (mid to late 2007)) and home prices down 22.3% from their all-time high in 2006 - Isn't it the right time to invest in necessary goods.

It's said that you can't take your money with you,

but I guess you could be buried in your new suit.