The 5 year plan: Good news for those on fixed incomes.
If you don't buy petroleum products or food, you may be financially ok.
You should have bought gold or a house a long time ago.
Unless you are very lucky, you are unlikely to strike it rich in the Stock Market which has fallen down , and it can't get up.
Not newsworthy.. What else doubled in 5 y?
food in warzone: Prices for basic provisions have nearly doubled in Syria
The rule of 72 :
doubling in 5 years is ~ 72/5 = 12% yearly increase..
such as advertizing on cell phones.
Smartphone ownership has soared in the UK, reaching as much as 58% of the UK population by June 2012; this has fuelled a concomitant rise in mobile advertising, with like-for-like growth of a massive 132%, to £181.5 million for the first half of this year. Internet advertising and mobile phone marketing has risen by 12.6% in the first half of the year
or Biotech Canadian Biotech 12% Growth Over The Past Four Years
Since 2007 the bio-economy industry has steadily increased. It started at $78 billion. For 2011 is valued at $87.3 billion.
Not the Stock Market:
The stock market has gone exactly the opposite direction . It has decreased by half in 5 years.
Not shares in Microsoft MSFT..
OR Imperial Oil IMO
Taxation in Canada has not doubled in 5 years, it has remained near a constant 40% on average.
Housing prices on the rise
Greater Toronto house prices have nearly doubled in the past decade, and now stand at a high 6.7-times family
income, compared with 4.3-times in 2001. This is comparable to valuations in the late 1980s that were
subsequently followed by a 25% slide in prices. But the key difference now is that mortgage rates are under 4%
instead of near 14%, which underpins affordability. That said, while high valuations might be sustainable in an
ultra-low rate climate, they could come under pressure in a more normal rate environment. Given our outlook for a
moderate increase in rates in the next two years, prices could soften or at least stabilize for a while.
Gold in terms of Oil, ? No doubling here.
How many barrels of oil you can buy with an ounce of gold?
This is not helpful, .. the price of oil in terms of gold has half[v]ed since 1999
Price of Gold Tripled:
from ~600$ to about 1700$ in 5 years.
the value of Dow Jones Industrial Average divided by the price of an ounce of gold
Since 1800, stocks have consistently gained value in comparison to gold in part because of the stability of the American political system.[59] This appreciation has been cyclical with long periods of stock outperformance followed by long periods of gold outperformance. The Dow Industrials bottomed out a ratio of 1:1 with gold during 1980 (the end of the 1970s bear market) and proceeded to post gains throughout the 1980s and 1990s. The gold price peak of 1980 also coincided with the Soviet Union's invasion of Afghanistan and the threat of the global expansion of communism. The ratio peaked on January 14, 2000 a value of 41.3 and has fallen sharply since.
World Food Price Index doubles
Average World prices for meat, oil, sugar, cereal and dairy have doubled since 2004.
