Most people look at GSR to see which of the 2 metals they would buy. I thought itd be interesting to see to compare to Big Mac prices. The data is from July 2000 up to July 2013. There is some discrepancies in data as Big mac Prices data are not released over the last 13 years in the same month; they range from April to July; most being July however. The gold and silver prices were taken from Perth mint website for July prices each year. If Big Mac shows more accurately the inflation data present than published ones it means by looking at the graph that silver prices are cheaper than gold( ofcourse the GSR could tell you that too but its good to compare to other things to) Maybe should have done it for USD instead of AUD would have been better
the laptop lost its battery a while ago, wont work without power plugged in wall the whole time. will have to get a new comp soon. this one lasted me a fair few years
Hint - if you hold down Shift as you press Print Screen it will only screen shot the active window, not the whole screen! Great charts though!
Good post, a lot of multinational companies will look at such frivolous things as burgers, coca cola, butter, bread and other everyday items to determine international pricing for their products, is a good way to compare to retail inflation prices etc as to where the PM markets are at. Though I will say I prefer BK burgers as Mc D's are just plain disgusting, even wild animals wont eat them though slugs are fond of the burger buns ime. I only say this as I saw one discarded in a public area near my previous residence close to the town centre which had an unhealthy rat population which survived on discarded takeaways. This particular discarded burger didn't even rot and was eventually removed by street cleaners after several months!!!
And just like silver, if you stacked big macs 13 years ago, they would look rather similar today http://www.youtube.com/watch?v=mYyDXH1amic
When the shit hits the fan I will have a huge collection of Big macs and will be very very rich indeed!! Keep your silver I will stack the immortal Big Mac!! Mwa ha ha ha!! Or maybe not Cannot believe I actually used to enjoy eating those things.. Just think in the UK 3 mac meals equates to one ounce of silver (E2A: Approx Cost Wise) the only difference being the silver will tarnish, corrode and eventually disintegrate long before the mac does!
Also the premise is potentially incorrect as it is assuming that one big mac is a single unit that is readily comparable ie 1 oz of silver = 1 oz of silver regardless of time, http://www.dailytelegraph.com.au/li...-super-downsized/story-e6frf019-1225734168782 Considers that Australian big macs are 20-30% smaller than others sold around the world; and they have been shrinking over time. Given this shrinkage and disparity the big mac is an even more rapidly inflating product.
low silver ratio around 3 means thats its a great time to buy compared to the Mac wile 9-10 or more means its overprice. In July 2013 it was a tad less than 4.5 at the moment its allready higher than this. I think over the weekend i calculated currently its 4.56
Grand angus is about the only mac ears burger I'll eat. Even there they cheapened out by getting rid of the damper bun and replacing it with a normal one. Once a upon a time the fillet o fish was made with king George whiting from South Australia. God knows what's in it now.
