No Inflation – Huh?
I just received a notice from my local utility that our rates are going to increase 25-30% over the next four years. Golf course fees went up 50% in January. I’d love to see a chart of gov’t employees; Corporate CEOs; Pro athletes salaries. Has Edelson gone to the doctor lately? Does he pay for his own Medical insurance? I could go on.
On another subject. Unbelievable what they are doing to PMs !
Here’s a mental exercise I just went through to help me keep my sanity.
I asked myself what would happen if I had a job and asked my employer to pay me in Au or Ag ounces?
Would I do it? Or would I take the cash?
Could the employer afford to do it? What would happen if the idea spread?
How about just a few of the Mining CEOs taking 90% of their outrageous salaries in ounces? That should be an industry requirement ! That one move alone would probably break the CRIMEX.