"Euro, gold, oil surge to record highs"

[Pooks]

In reality, the price of those items have not gone up, it is that the dollar has gone down in value which in turn means you need to hand over more of said dollar to pay for those goods.

over 1 year

oil 1 year ago 67$ USD a barrel, today $105 a barrel
thats an increase for American's off... 57% Increase.

in euro's
oil 1 year ago = 51 EUROs per barrel, today $69.30
thats an increase in Euro's off 18% increase...

so Europeans have 18% increase in OIL prices.
We got 57% increase in oil prices, over the last year.

[barondumonde]

over 1 year

oil 1 year ago 67$ USD a barrel, today $105 a barrel
thats an increase for American's off... 57% Increase.

in euro's
oil 1 year ago = 51 EUROs per barrel, today $69.30
thats an increase in Euro's off 18% increase...

so Europeans have 18% increase in OIL prices.
We got 57% increase in oil prices, over the last year.

now track the forex difference between the dollar and the euro and you have a very neat mathematical relation.