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REAL ECONOMY: The physical side of the economy dealing with goods, services and resources. This side is concerned with using resources to produce the goods and services that make the satisfaction of wants and needs possible. This should be contrasted with the paper economy, or financial side of the economy.
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COST OF LIVING The amount of income or money needed to acquire a given quantity of goods and services or to achieve a given living standard. This cost of living notion is closely intertwined with inflation, the economy's price level, and the concept of purchasing power.
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One of the largest markets for gold in the United States is the manufacturing of class rings.
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"It's usually the last ounce of effort that tips the scales of success." -- Rick Beneteau
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PVCF
Present Value Cash Flow
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