when good news may not be so good
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Started by bear - June 27, 2022, 3:27 p.m.

https://www.kitco.com/news/2022-06-27/Gold-price-sees-little-movement-following-0-7-rise-in-U-S-durable-goods-numbers.html

a rise in orders that is above expectations sounds very good. but... 

if the amount of stuff being shipped around the country is flat, but everything is selling at a much higher price,  then maybe it is not the good news that we think it is.  this represents inflation more than it represents growth.  

as a consumer, i prefer to buy more items at a lower price.  if i buy fewer items at a higher price, then my standard of living went down, not up.  

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